Asset Management

Liontrust strikes £96m deal to acquire GAM

Deal creates global asset manager overseeing £53bn

The £96m deal is the latest in a series of recent acquisitions for Liontrust
The £96m deal is the latest in a series of recent acquisitions for Liontrust Photo: Alamy Stock Photo

Liontrust, the listed UK asset manager, has struck a deal to acquire Swiss fund group GAM following weeks of negotiations.

The deal, valued at £96m and expected to complete during the final quarter of 2023, will create an asset manager overseeing £53bn and marks the latest in a series of recent acquisitions for Liontrust.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump