Wealth and Asset Management
Schroders trims its stake in Liontrust
Schroders has pared its stake in fund house Liontrust Asset Management. The sale of 410,000 shares netted £1.1 million for Schroders, which owns Liontrust through Andrew Brough’s UK Smaller Companies fund, and brought its remaining stake in the firm down to £21.7 million. Brough has been a long-time owner of…
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