Liontrust  

Liontrust's head of global equities steps down

Liontrust's head of global equities steps down
Tom Record has already stepped down from managing funds ahead of his departure.

Liontrust’s head of global equities will leave the firm at the end of January.

Tom Record took up the role in April 2022 as part of Liontrust's acquisition of Majedie Asset Management

Record had been at Majedie for eight years prior to that in the same role - his team joined Liontrust’s Global Fundamental Team as a result of the purchase. 

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A Liontrust spokesperson confirmed to FT Adviser that Record stopped managing funds in October 2023 and will leave at the end of this month. 

Tom Hosking has taken over responsibility and is managing five global funds with colleague Hong Yi Chen. 

Hosking is also sole manager of the £3.5mn GF International Equity Fund which was launched in 2019. 

According to LinkedIn, Hosking took over as head of global equities in November. 

He also joined Liontrust through the acquisition of Majedie where he started his career in 2014 as an analyst on the graduate programme.

Back in October 2023, the firm's chief executive warned that Liontrust's failed takeover of Gam earlier in the year will lead to restructuring.

This was followed by the announcement it would merge its UK single strategy and multi-asset teams into one under Kristian Cook, who was appointed as head of UK distribution.

tara.o'connor@ft.com

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