Liontrust Asset Management Appoints Panmure Gordon as Joint Broker
Liontrust Asset Management has announced this morning that Panmure Gordon has been appointed Joint Broker, alongside N+1 Singer.
This follows Liontrust’s successful equity raise and acquisition in July, when Panmure Gordon acted as the company’s Financial Adviser and Sole Bookrunner, raising £66m to fund the acquisition of Architas’ UK businesses from AXA SA.
Commenting on the transaction in July, Liontrust’s Chief Executive John Ions said:
“We have been very impressed with the Panmure Gordon team, the breadth of their capabilities, strength in depth and professionalism, and have thoroughly enjoyed working with them. This was a complex deal made much easier for us with the advice and guidance of the Panmure Gordon team, and we very much look forward to working with them in the future.”
Liontrust also announced a strong trading update this morning, reporting £1,748m of net inflows for the six months to 30 September 2020.