first_img Show Comments ▼ whatsapp Wednesday 13 April 2011 8:34 pm Asset manager Liontrust has agreed to sell its credit business to Avoca Capital, the boutique Ireland-based leveraged loan specialist, for £3.2m. The sale includes a move for Liontrust’s credit team, as well as its £84m of assets under management (AUM). The credit business represents six per cent of the London-listed asset manager. Liontrust said it hoped to use the proceeds of the sale to expand its fund management capability, including through the offer of mainstream investment products. Share KCS-content Liontrust sells credit business whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Tags: NULLlast_img