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.

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