Hargreaves Lansdown has added Liontrust's Special Situations fund to its Wealth 150 list of favourite funds, in the second win this week for the £1.2bn manager.
Skandia has bought a £19m stake in the Liontrust Credit Absolute Return fund, spreading the investment across a number of portfolios.
The decision to cut Ross Hollyman's global equity team, which ran less than $1m of internal money, has cost boutique manager Liontrust £781,000.
Liontrust has experienced its first quarter of net inflows for more than two years in Q3, after taking in a net £6.3m.
Liontrust has appointed former OMAM and Mellon sales chief Mark Allpress as its new head of retail distribution.
Liontrust is revamping its fund range by merging two UK portfolios and renaming its entire suite of products.
Liontrust has begun marketing its forthcoming long-only credit fund, but has pushed back plans to launch it to the first quarter of 2011.
Former Liontrust managers Jeremy Lang and William Pattisson are aiming to launch three absolute return funds in October.