Liontrust reports further decline in assets as investors shun UK stocks investing Liontrust has reported £13bn of outflows over the past two years.
Where next for Liontrust? Investment Liontrust's annual results this morning were disappointing, as the asset manager reported it had fallen into the red.
Liontrust falls into red as performance fee revenue collapses Investment Liontrust fell into the red this year after investors pulled over £6bn from its funds, up from the already brutal £4.8bn the year before.
Liontrust continues to struggle with investor outflows despite positive fund returns April 17, 2024 Investors continued to pull money from Liontrust’s funds in the first quarter of 2024. In a trading update issued this morning, the asset manager said it had recorded £1.2bn in outflows during the first quarter of 2024. Despite the massive withdrawals, the company’s assets under management stayed flat during the quarter at £27.8bn. A total [...]
GAM: Asset manager’s losses spiral after Liontrust deal collapse March 27, 2024 Swiss asset manager GAM has reported heavy losses in its annual results, after a tumultous year that saw its potential takeover by Liontrust crash and burn. Investors pulled billions from the embattled asset manager throughout the year, leading to lower revenues from fees for a company that was already in poor shape to begin with. [...]
Liontrust starts search for new chair following GAM fiasco January 25, 2024 Liontrust has begun to search for a new chair following its failure to purchase Swiss asset manager GAM last year. Alastair Barbour, who has sat on the firm’s board for 13 years and has been chair of the asset manager since September 2019, is set to be replaced. Sky News reported that Liontrust had been [...]