Portfolio managers at GAM Alternatives have called on Liontrust Asset Management to launch an immediate strategic review, including a potential sale of the business, arguing the company is materially undervalued.
In an open letter addressed to CEO John Ions, investors Albert Saporta and Randel Freeman – who manage the GAM Global Opportunities and Global Special Situations funds – outlined concerns over Liontrust’s performance and strategic direction.
The letter highlights a steep decline in Lion...
Continue Reading
Sign up for FREE to read the full article and access 129K+ alternative investment headlines.