Wealth and Asset Management
Liontrust suffers near £5bn outflow
Liontrust recorded hefty net outflows of £4.8bn in its full-year results, with chief executive John Ions blaming client redemptions on the ‘rotation from quality growth to value’. The outflows resulted in assets under management (AUM) dropping 6% to £31.4bn, compared with the end of March 2022. The asset manager’s pre-tax…
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