liontrust doubles aum in latest financial year
Liontrust AM has announced a doubling of its assets under management during the current financial year, ending 31 March.
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.
Liontrust Asset Management saw a doubling of assets under management in the year to 30 September to £2.36bn supported by nine consecutive quarters of net positive sales.
Liontrust is launching an offshore version of Anthony Cross and Julian Fosh’s flagship special situations fund, seven years after the original vehicle was unveiled.
Liontrust has posted its ninth successive quarter of positive inflows, despite chief executive John Ions tempering optimism with concerns over the impact of RDR.
Liontrust is adding an institutional share class to two of its range of Macro Funds.
The ranking of eight out of nine Liontrust Oeics in the first quartile of their sector is a key factor behind the firm’s eighth successive quarter of inflows, according to chief executive John Ions.
Mickey Morrissey has left Liontrust after a decade with the company, with Mark Allpress taking on his responsibilities.
Walker Crips Group has sold out of Liontrust, cashing in further on the disposal of its asset management business earlier this year, while Liontrust director Jonathan Hughes-Morgan has boosted his share in the company by 25%.
Liontrust has reported a 54% increase in revenues year-on-year to 31 March, though still posted a loss of £200,000 after tax.