Liontrust cuts DFM fees on multi-asset ranges

5 bps or more chopped off

clock • 1 min read
John Husselbee, head of multi-asset at Liontrust

John Husselbee, head of multi-asset at Liontrust

Liontrust has revealed plans to cut the discretionary fund management (DFM) fees for its three Liontrust Managed Portfolio Service (MPS) and three Wealth Solutions Service (WSS) ranges, effective from 1 April 2022.

Liontrust MPS and WSS are the firm's target risk and actively managed model portfolios. They are managed by its multi-asset investment team, led by John Husselbee (pictured). The costs of the DFM fees for MPS Growth and MPS Income are going to drop from 0.30% to 0.25%, while MPS Dynamic Beta will be reduced from 0.30% to 0.20%. WSS Growth and Income portfolios will take a five basis point drop from 0.32% to 0.27% and WSS Dynamic Beta a 10 basis point reduction from 0.32% to 0.22%. The fee cuts have been made possible, Liontrust said, by the growth in clients and assets under managemen...

To continue reading this article...

Join Investment Week

  • 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


More on Companies

AssetCo CEO Campbell Fleming

Revera AM takes 60% reduction as AssetCo deal completes

£1.1m total consideration

James Baxter-Derrington
clock 05 August 2022 • 1 min read
The company recorded negative change across most performance metrics compared with the same period last year.

Hargreaves Lansdown to launch new funds as profits tumble 26%

Performance down across most metrics

James Baxter-Derrington
clock 05 August 2022 • 1 min read
Following the acquisition, M&G Wealth’s total number of advisers will be around 500

M&G snaps up IFA Continuum in latest advice deal

Plymouth-based IFA

Jenna Brown
clock 03 August 2022 • 3 min read