Liontrust's assets under management have plunged £2.8bn over the past year. Its annual results to 31...
Liontrust's assets under management have plunged £2.8bn over the past year. Its annual results to 31 March revealed funds under management were £1.9bn, down from £4.7bn last year. They subsequently fell further to £1.2bn as at 9 June. Pre-tax profits fell 25% to £12.4m while the total dividend for the full year sits at 7.5p per share, down from 12.5p in 2008. The boutique has also appointed Adrian Collins as non-executive director and deputy chairman, replacing Bernard Asher, who is set for retirement.
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
