Liontrust Asset Management has completed its acquisition of River Global’s asset management arm, three months after the deal was announced.
The deal was initially brought to market on 16 March 2026, and is valued at £7.6 million in shares, pushing Liontrust’s total assets under management and advice (AUMA) to £24.4 billion.
The move is expected to expand Liontrust’s investment capabilities and client base by integrating new investment trusts and strategic partners, as well as expands the firm’s greater physical investment presence in Asia, through acquiring River Global’s team managing the India Capital Growth investment trust.
John Ions, chief executive of Liontrust, said: “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.”
The acquisition completion also sees co-founder of Aberdeen Standard Investments, Martin Gilbert, join Liontrust’s board of directors as an independent non-executive director.
Moreover, River Global’s offering covers long-only equities, spanning UK, Indian and global strategies, and the transaction is set to allow the firm to leverage Liontrust’s sales and marketing expertise to expand UK and international distribution capabilities and build out its client base.
Ions added: “The speed and efficiency with which the acquisition has been completed is a credit to everyone at both Liontrust and River Global, and I thank them for their hard work and dedication over the past three months.
“We are positive about the opportunities ahead for the enlarged business, with increased talent and a broader product range driving future growth and a return to net inflows.”