Liontrust Asset Management has completed the acquisition of River Global Holdings, pushing the firm’s total assets under management and advice to £24.4bn.
The deal was first announced in March this year, when Liontrust entered into a conditional sales agreement for River Global’s entire share capital. Following the acquisition, Liontrust’s issued share capital will consist of 62,970,315 ordinary shares.
John Ions (pictured left), CEO at Liontrust, commented: “The acquisition of River Global is an important step in the development of Liontrust, strengthening and broadening our investment capabilities across a wider range of styles.
“River Global brings talented investment managers and strong-performing funds, enabling us to meet more client demand and further expand our distribution in the UK and internationally.”
Meanwhile, the team at River Global will benefit from Liontrust’s greater scale, client engagement and distribution, Ions said.
As part of this decision, River Global’s Martin Gilbert (pictured right) will join the board of directors at Liontrust as an independent non-executive director, effective 1 July 2026.
Luke Savage, chair of the firm, said: “Martin is a great addition to the Board, bringing complementary experience and deep expertise of asset management.
“Martin’s global client and industry relationships will be highly valuable as we continue to develop the Group, particularly in advancing our international and institutional expansion.”
See also: Liontrust to acquire River Global’s asset management unit
