Liontrust non-executive chair Alastair Barbour to step down
Luke Savage to be appointed as non-executive chair on 20 September
Luke Savage to be appointed as non-executive chair on 20 September
Liontrust’s suite of funds saw net outflows of £6.1bn during the year
Some £4bn of investors’ money left the firm’s UK retail funds and managed portfolio services
The firm’s UK retail funds and model portfolio service was hardest hit, having suffered a net outflow of £1.4bn
Mark Hawtin and Jeremy Roberts to join the firm months after Liontrust’s failed takeover bid for GAM
Assets under management fell 12% over the six months to £27.7bn.
AUMA has fallen by 12% over six months to the end of September