UK wealth manager Liontrust’s quarterly outflows narrow, but retail withdrawals persist

British fund manager Liontrust Asset Management reported net quarterly outflows on Wednesday as persistent retail withdrawals outweighed stronger institutional demand. Net outflows narrowed to £459 million ($613.6 million) in the second quarter from £1.24 billion a year earlier Outflows from UK retail funds and model portfolios totalled £666 million, outweighing…