Taking a disciplined approach, Liontrust has opted to reduce the fund range with the sale/closure of several sub-scale strategies to focus distribution resource and maintain strategic poise in an ever-growing business (>£25bn AuM post-Architas completion). Asia Income is being sold to Somerset Capital. The European Income and Macro-Thematic teams are closing with their funds being merged into existing products. These actions are expected to have a negligible impact on earnings. We will review ou ....
