Liontrust European Dynamic

The fund has been managed since launch in November 2006 by James and he was joined by co-manager Samantha in 2012. They had previously worked together at Fleming Investment Management and they have 40 years of combined investment experience. They run a concentrated, equally-weighted portfolio of European companies, with the aim of delivering capital growth over the long term. They look for attractively-valued companies that generate significantly more cash than they need to sustain their planned growth and which are run by capable company managers who are committed to using cashflow in an intelligent manner, in the belief that cashflow is the key to long-term growth.

James Inglis-Jones, Samantha Gleave

This fund is managed by James Inglis-Jones and Samantha Gleave. James joined Liontrust in March 2006 to develop the “Cashflow Solution” investment process. He started his career at Fleming Investment Management in 1997 and took on the role of managing UK equity portfolios in 1999. From 1999 to 2002, he worked on JP Morgan Fleming’s institutional investment process and served as a senior portfolio manager within its European equity group, overseeing various retail and institutional funds. In 2003, James joined Polar Capital to manage a European market neutral fund. He holds a First Class Honours Degree in Modern History from York University (1990) and a D.Phil in Modern History from Christ Church, Oxford.

Samantha Gleave joined Liontrust in 2012 as a fund manager, having previously worked as a consumer analyst at Sutherlands Ltd and a senior investment analyst at Fleming Investment Management. She excelled at Credit Suisse First Boston and Bank of America Merrill Lynch as a senior equity analyst and director. Samantha holds an MA Honours degree in Economics & Management from Aberdeen University.

We are very impressed not just by the management team of this fund, but also its rigorous process and collaborative approach that has helped contribute to stellar long-term performance. The fund benefits from having a flexible investment style with the ability to rotate towards value or growth depending on where the managers see the most opportunity.