Husselbee rekindles with Fidelity Special Situations
The Fidelity Special Situations fund has made a return to Liontrust’s managed portfolio service in what manager John Husselbee has described as a “contrarian” move.
The Fidelity Special Situations fund has made a return to Liontrust’s managed portfolio service in what manager John Husselbee has described as a “contrarian” move.
Asset manager Liontrust has reported a profit rise of 18% and hailed its seventh consecutive year in the black as it reported full-year results.
Popular funds at Liontrust and Majedie have been dropped by ratings agency FE in a bi-annual review of its Approved Funds list.
Liontrust saw £190m in net flows between October and December the firm reported today.
The UK economy grew faster than expected between July and September this year, with GDP climbing by 0.6% according to official figures.
Liontrust has reported a 29.5% growth in assets under management (AUM) from £4.4bn in 2015 to £5.7bn at 30 September 2016.
Liontrust has hired Miton’s Ian Chimes as head of global distribution, reporting to chief executive John Ions.
The Italian constitutional reform referendum this autumn will, or rather should, cause European investors to hold their breath more anxiously than they did on the morning of 24 June.
Liontrust fund manager Jan Luthman has decided to retire after a near 30 year career in the industry.
Liontrust’s newly installed head of European income, Olly Russ, is setting his sights on significant growth for his two income funds and is mulling the launch of a third.
Liontrust reported another quarter of positive flows, combating investor anxiety ahead of the referendum and market volatility following the vote.
China is experiencing a cyclical upturn and will not have anything approaching a ‘Lehman’s Moment’, according to Liontrust’s Patrick Cadell.