Liontrust is to launch an actively managed FTSE 100 tracker run by William Pattisson. The Indextra...
Liontrust is to launch an actively managed FTSE 100 tracker run by William Pattisson. The Indextra fund will strip out those companies Liontrust expects to be the losers in the benchmark and then track the remaining stocks. Although it is expected to remove 20-25 stocks at any one time, this can go significantly higher if required. The only constraints on the portfolio are the normal unit trust rules on the size of holdings. Liontrust will choose the losers based on Pattisson's existing large-cap investment process. This judges stocks against three criteria: three-month earnings for...
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