Liontrust has suffered another quarter of net outflows after retail investors continued to exit the manager's fund range.
Liontrust is planning to launch a credit fund in the third quarter, despite axing Ross Hollyman's newly-hired global equities team to concentrate on existing offerings.
Liontrust has closed its global equities desk, led by Ross Hollyman, less than a year after the team joined.
Liontrust has decided to cut its dividend payment after seeing before tax profit slump from £14.3m to £796,000 over the year to end March.
Liontrust has appointed former Artemis stalwart Nick Wells as a business development consultant.
Liontrust duo Julian Fosh and Anthony Cross discuss their outlook for UK equities and how they have pulled up performance on First Growth
Liontrust's chief executive and co-founder Nigel Legge announced last week he is stepping down, to be replaced by new head of retail John Ions.
Liontrust's woes continue as CEO and co-founder Nigel Legge has stepped down to be replaced by new head of retail John Ions.
European leaders still fail to see how quickly the Greek debt crisis could spiral out of control, says Liontrust Asset Management's Simon Thorp.
There is a danger that comes from the constant bombardment of macroeconomic information - increasing short-termism.