Scrapped Liontrust ESG Trust launch reflects challenging environment for fund raisings
Other high profile trusts like Tellworth British Recovery & Growth and Buffettology Smaller Companies have also failed to get off the ground
Other high profile trusts like Tellworth British Recovery & Growth and Buffettology Smaller Companies have also failed to get off the ground
Firm not proceeding with launch as fund raising fails to meet £100m target
Sustainable investment business is the largest in its stable with over £10bn in assets
Board members unveiled and expected timetable for asset manager’s first investment company launch
It was the third top selling fund group in Q1 with £924m of net retail sales
Peter Michaelis and team share details of the new trust ahead of launch next month
Ninety One has held up despite a radical rebrand in the middle of the Covid crisis
‘The investment trust sector has been relatively behind the curve in servicing the growing demand for ESG strategies’
Sheldon MacDonald and Nathan Sweeney moved to Liontrust as part of Architas takeover last year
Latest BofAML survey reveals UK equities remains the most underweighted region by managers but optimism is rising
Number of women on FTSE boards jumps but ‘more to be done’ at executive level
Acquisition of Architas’ UK division added £5.6bn in assets to FTSE 250 fund group