The pair will join existing managers Anthony Cross and Julian Fosh, the company announced today (May 19).
Stevens and Tonge were founding fund managers of the Liontrust UK Micro Cap Fund when it was launched in March 2016, and have also been fund managers of the Liontrust UK Smaller Companies Fund since 2016.
Liontrust said the pair have been increasingly supporting Cross and Fosh on the day-to-day managing of the funds, contributing to decisions on new holdings, exits and trading, and developing their knowledge of the stocks held in the funds.
Their appointment as named managers on the funds represents a “natural next step” in the development and evolution of the team, Liontrust said.
Cross, who is head of the economic advantage team, said Stevens and Tonge are “excellent” in communicating with clients about the team’s insights, stocks held by the funds and the performance of the funds.
“Given their strong contribution to the team over the past few years, their appointment as managers of the Special Situations and UK Growth funds is a natural progression,” he said.
“I look forward to continue working with Victoria and Matt, and the rest of the Economic Advantage team, for many more years to come.”