Liontrust
Should the advice market rethink the 60/40 portfolio approach?
There is a debate whether the strategy is dead
Liontrust’s takeover of GAM falls through after final deadline
34% of GAM shares were tendered into the offer
GAM investors aim to scupper Liontrust takeover bid with rival offer
Offer at a 29.1% premium to the fund manager’s proposal
Liontrust shareholders approve GAM acquisition
Backed by 84% of votes at a general meeting held on 7 July
Portfolio diversification ‘completely failed’ in 2022
Head of multi asset at Liontrust does not believe it is the end for 60/40 investing