Liontrust global distribution head Ian Chimes to retire
Head of institutional sales Frank Doyle will also exit the firm in March next year
Head of institutional sales Frank Doyle will also exit the firm in March next year
Liontrust will launch £4.5m in cost-saving measures over the coming months
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