Liontrust identifies further cost cuts as Q4 outflows reach £1.6bn
Firm will also overhaul 10 UK-domiciled funds to gain SDR label
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Liontrust Asset Management
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Liontrust global distribution head Ian Chimes to retire
Head of institutional sales Frank Doyle will also exit the firm in March next year
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MPS: Smaller-value clients face restricted access
Reluctance of platforms to allow for fractional trading means the inclusion of ETFs and trusts within model portfolio services is being constrained
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Liontrust to cut 25 jobs as profits dip
Liontrust will launch £4.5m in cost-saving measures over the coming months
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Liontrust’s pre-tax profit slides 23% in full-year results
Liontrust’s suite of funds saw net outflows of £6.1bn during the year