LiontrustMay 30 2024

Liontrust welcomes former Gam boss to launch global equities team

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Liontrust welcomes former Gam boss to launch global equities team
Mark Hawtin moved to Liontrust with three of his Gam team members. (Liontrust)

Liontrust has brought Gam's Mark Hawtin on board as head of its global equities team. 

The addition creates the asset management firm's eighth investment team. 

Hawtin has 40 years of investment industry experience and was most recently investment director and head of global equities at Gam.

David Goodman, Kevin Kruczynski and Pieran Maru, who were part of Hawtin’s team at Gam, have also joined the global equities team at Liontrust. 

Hawtin said: “We are really excited to have joined Liontrust as it is in the process of building a strong global equity platform. We look forward to extending the product offering at a time when the global equity opportunity is so great."

Before joining Gam in 2008, Hawtin was a manager at Marshall Wace, where he managed one of Europe’s largest technology, media and telecoms hedge funds.

He said his experience means he has seen markets through different cycles. 

"This knowledge will serve us well as we navigate a period marked by unprecedented levels of change caused by structural disruption as well as geopolitical uncertainty," added Hawtin. 

Hawtin's move to the firm was first announced in January, alongside Jeremy Roberts who joined in April as head of global distribution.

It comes eight months after Liontrust's failed takeover bid for Gam. The deal was not backed by shareholders after months of opposition to the plans. 

Liontrust CEO, John Ions, said: "Mark and his team are highly respected and bring a strong track record. They align with the Liontrust investment approach of active management through the application of a rigorous investment process, long-term investing, high-conviction portfolios, and engagement with companies and clients."

The team will take over a range of Liontrust global equity funds including its balanced fund and global alpha fund.

Mark Hawtin and David Goodman have also been appointed as sub-investment managers of the Gam Star Alpha Technology fund, which will move to Liontrust in due course.  

Moving internally at Liontrust to join the global equities team are Ewan Thompson, Tom Smith and Ruth Chambers, along with the emerging markets and Japan Equity funds they manage. 

tara.o'connor@ft.com

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