Liontrust duo boost asset manager exposure ahead of 'triple whammy'

Natalie Kenway
clock

Liontrust's Stephen Bailey and Jan Luthman have been upping their exposure to asset management firms ahead of an anticipated "triple positive whammy" for the sector in the years ahead.

The pair have turned bullish on the sector and boosted their position to overweight on the £93m Macro UK Growth and £278 Macro Equity Income funds, using proceeds from selling their tobacco exposure down to zero. "The reasoning behind this move developed from the improving economic outlook we saw in 2012, which will lead to improving corporate earnings," Luthman said. "In that environment, share prices tend to rise and, due to improving investor confidence, assets under management and fees can rise within asset management companies. "So we have rising equity markets, new investor c...

To continue reading this article...

Join Investment Week for free

  • 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

Join now

 

Already an Investment Week
member?

Login

More on UK

IMF warns Reeves faces 'difficult choices' to stick to fiscal sustainability
UK

IMF warns Reeves faces 'difficult choices' to stick to fiscal sustainability

BoE easing should continue

Linus Uhlig
clock 25 July 2025 • 2 min read
BoE data trialling underway following Ben Bernanke policymaking review
UK

BoE data trialling underway following Ben Bernanke policymaking review

Structural VAR models in progress

Eve Maddock-Jones
clock 22 July 2025 • 3 min read
UK government borrowing soars to second-highest level on record
UK

UK government borrowing soars to second-highest level on record

April-June borrowing was £57.8bn

Sorin Dojan
clock 22 July 2025 • 2 min read
Trustpilot