Liontrust suffers £1.6bn of net outflows in Q3 as CEO warns of impending restructures
AUMA has fallen by 12% over six months to the end of September
AUMA has fallen by 12% over six months to the end of September
Changes will reduce the firm’s underlying cash result ‘over the next few years’
Who brings with him the VT Cape Wrath Focus fund
While Brewin Dolphin, Brooks Macdonald and Quilter products make the top 10
Shift will result in a decrease in corporate bonds and alternative assets
AUM has fallen to approximately £102m from £254m, leaving it ‘no longer commercially viable’
Worldwide Opportunities fund also moving to AVI
Fund provides investors with access to assets not directly available on UK retail platforms
Fund will focus on long-only credit opportunities
The decrease will result in the elimination of Invesco’s Y share class
Managed by Ron Baron and Michael Baron
Lazard will waive fees for three and-a-half months amid initial portfolio changes