Few reasons for rich India valuation
We have had very little exposure to India since we launched the Asia Income Fund and still believe we can find better equity exposure within the region, writes Mark Williams, co-manager of the Asia Income Fund.
We have had very little exposure to India since we launched the Asia Income Fund and still believe we can find better equity exposure within the region, writes Mark Williams, co-manager of the Asia Income Fund.
Australian-listed platform business Praemium is to offer its first discretionary management service to UK and international clients, hiring Rebecca Murphy from North Investment Partners to build the new proposition.
Chief executive John Ions continues his canny expansion of Liontrust Asset Management with the acquisition for £1 of multi-asset firm North Investment Partners.
Liontrust continued its trend of superior business results, with its latest half-year trading statement showing assets under management up by close to £400m.
Liontrust recorded inflows of £302m in Q2, a threefold increase on the same period last year and marking its 12th consecutive quarter of positive net flows.
Liontrust Asset Management doubled its AUM and registered a surge of more than 200% in inflows in the 12 months to end of March 2012.
A distinct difference in the investment environment this year compared to last is that there seems to be some clarity in the equity market, with stock pickers coming to the fore.
Liontrust will cease rebate payments on its UK Smaller Companies Fund from May, following the launch of a clean fee institutional share class in January.
Liontrust AM has announced a doubling of its assets under management during the current financial year, ending 31 March.
Walker Crips has reduced its exposure to Liontrust, converting and selling a proportion of the stock it obtained as part of the sale of its asset management arm last year.
Most British adults plan to shun stock market investment over the coming year, preferring to keep their money in bank or building society accounts, new research shows.
Thames River founding member Michael Mabbutt will join Liontrust Asset Management next year ahead of the launch of a new Dublin-domiciled fixed income fund.