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Liontrust CEO under fire over ‘false rumours’ in email to GAM investor

Liontrust boss John Ions’ email prompts claims of ‘false rumours’ from activist group

‘He will retract the email. I never wrote those words, and I would never approve of those words’
‘He will retract the email. I never wrote those words, and I would never approve of those words’

Liontrust chief executive John Ions has been hit with a complaint after making “unacceptable” comments to a shareholder in takeover target GAM.

The activist group fighting to block Liontrust’s bid for GAM has written to the chair of the London-listed asset manager’s board, slamming an email its chief executive sent to a GAM-backer.

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