The acquisition, which is designed to give Liontrust capabilities in Asia and emerging markets equities, triggered a rebranding of the Occam Dublin and Cayman Islands domiciled ranges.
Several Dublin funds were renamed: Occam Asia Absolute Return to Liontrust Asia Absolute Return; Occam Asia Focus to Liontrust Asia; Occam Europe Focus to Liontrust Pan European; and Occam Emerging Markets Opportunities to Liontrust Emerging Markets Absolute Return.
In the Cayman-domiciled product range, Occam Diversity, a fund of hedge funds, has been renamed Liontrust Diversity. Sorbus, a single-manager hedge fund, is “in the process” of being rebranded, according to a Liontrust spokesman.
The amalgamation of the two businesses also prompted the departure of Phil Cliff, one of the managers who joined Occam shortly after it was set up in 2007. Cliff previously ran Occam Europe Focus (now Liontrust Pan European) and Sorbus.
Management responsibilities for both funds have passed to James Inglis-Jones and Gary West, who also run Liontrust’s UK-domiciled European Growth and Income unit trusts.
John Ions, chief executive of Liontrust, said: “Occam provides Liontrust with two of the faster growing asset classes by adding Asia and global emerging markets funds to Liontrust’s existing UK and European range, and two experienced and highly respected fund management teams.”
