Asset management firm Liontrust has agreed to purchase sustainable - fund manager Alliance investment Investments , increasing its assets under management by £ 2.3bn ( $ 2020 ) to over £ 8bn . The current management team , which manages 11 sustainable investment funds , will become part of Liontrust as part of the acquisition . The funds will be structured as they are currently , with a focus on well - run but undervalued companies with solid fundamentals .
Asset management firm Liontrust has agreed to purchase sustainable-fund manager Alliance Trust Investments, increasing its assets under management by £2.3bn ($2.9bn) to over £8bn. The current ATI team, which oversees 11 sustainable investment funds, will become part of Liontrust as part of the agreement. The funds will be managed as they are currently, with a focus on well-run but undervalued companies with solid fundamentals.