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Fund managers give year’s notice to quit Liontrust Asset Management

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Liontrust Asset Management has announced that it has received notification of the resignations of Jeremy Lang and William Pattisson as directors and employees of Liontrust.

Liontrust Asset Management has announced that it has received notification of the resignations of Jeremy Lang and William Pattisson as directors and employees of Liontrust.

Lang (photo), manager of Liontrust’s UK equity growth and UK equity income portfolios, and Pattisson, who runs UK large-cap growth, will remain with the firm until 11 January 2010 to ensure an orderly handover of their functions and responsibilities.

Lang joined Liontrust in 1996 as manager of Liontrust First Growth Fund and Liontrust First Income Fund, becoming joint investment director in 1999.

He began his career in 1986 at James Capel Fund Managers alongside Pattisson, spending five years specialising in North American equities

Pattisson joined Liontrust as joint investment director in June 1999, researching and fine-tuning the Liontrust Large Cap Process for four months before launching Liontrust First Large Cap Fund (a core UK equity portfolio) in October 1999.

Pattisson launched Liontrust Focus 350 Fund in December 2005 using a variation of his large cap process to construct a portfolio for absolute returns. He began his career alongside Lang at James Capel Fund Managers, progressing to become a senior UK equities fund manager. He joined Fleming Investment Management in 1994, becoming head of UK equities in 1998 and the named fund manager of Fleming Claverhouse Investment Trust between 1995 and 1999.

Founded in 1994, Liontrust is an independent investment management company, part owned by its management team.

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