image

The best stocks to buy since 1993

Latest issue now available

SIGN UP NOW
Updates

Liontrust - Return to inflows imminent

August 2024

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • LIO
  • Price:
  • 658p
It is surprising to see shares in the UK-based active manager ease off the highs of 865p, although they have also gone ex-the beefy 50p final dividend on 4 July. FY24 performance, of course, is a reflection of the headwinds that beset the UK fund management sector in the past two years and knocked several of Liontrust’s core strategies out of favour, including value and small/mid-cap UK equities and sustainability. Consequently, Liontrust sustained outflows in FY24. Assets under management and advice (AuMA) decreased by 11% to £27.8bn, driven by net outflows of £6.1bn, partially offset by positive market movements (£2.5bn). The revenue margin declined from 62.5bp in FY23 to 62bp in FY24, reflecting the outflows from higher- ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

Liontrust (May 2024)
Liontrust - Geared play on market (March 2024)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

author

LIMITED PERIOD OFFER

SUBSCRIBE TODAY AND SAVE £40 WITH OFFER CODE 40OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe

SUBSCRIBE NOW