Liontrust Asset Management (GB:LIO) has released an update.
Liontrust Asset Management PLC has reported a challenging fiscal year with an adjusted profit before tax of £67.4 million, down 23%, and assets under management declining 11.5% to £27.8 billion. Despite a difficult market for active managers and net outflows of £6.1 billion, the company maintains a strong brand and is focusing on expanding investment capabilities and distribution, enhancing operations, and leveraging high-profile funds. Looking ahead, Liontrust remains optimistic about the UK economy and is strategically positioning itself for growth.
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