Schroders' Andy Brough has doubled his stake in Liontrust to 30%. Brough, who runs the Schroder UK ...
Schroders' Andy Brough has doubled his stake in Liontrust to 30%. Brough, who runs the Schroder UK Mid 250 and Smaller Companies retail funds, increased his stake in the listed boutique after Fidelity reportedly sold-off its 15% stake. Schroders has confirmed Brough believes fund managers such as Liontrust are set to prosper in the coming months as retail investors come back to the market. Liontrust share price and asset under management have dived in recent months, following the recent departure of star managers Jeremy Lang and William Pattison. Its AUM has fallen to just £1.9bn, down ...
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