Liontrust stake weighs on Majedie Trust’s performance
Liontrust has struggled since buying Majedie AM
Liontrust has struggled since buying Majedie AM
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Its share price fell 11% during the period but the trust’s performance has perked up in the months since
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CEO said business in ‘good health’ despite outflows and M&A costs incurred
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The sector has taken a serious hit of late – but can Ken Wotton of Gresham House and Liontrust’s John Husselbee see a brighter side to the story?
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Every month, Portfolio Adviser asks a cross section of industry commentators for their views on the same topic
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Sarah Ackland was most recently head of Liontrust’s multi-asset business
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Natalie Bell moves across from Responsible Capital team
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But concerns of a global slowdown appear excessive, says Liontrust’s Husselbee as he eyes up a portfolio rebalance
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£5.1bn AUMA boost from Majedie acquisition nearly offset by net outflows and challenging investment performance
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Including an Axa IM senior portfolio manager and an ex-Aegon AM analyst returning from a 22-year career break
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The word ‘growth’ will be substituted for ‘dynamic’ but how it is managed will remain unchanged
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