Liontrust Asset Management (GB:LIO) has released an update.
Liontrust Asset Management PLC has reported a decrease in assets under management and advice (AuMA) to £26 billion, marking a 4% drop during the last quarter ending September 2024, amidst challenging conditions for active fund managers. Despite the net outflows and investor hesitancy due to political and economic uncertainties, Liontrust is enhancing its business operations and expanding its fund range to cater to international clients. The company remains confident in its brand strength, client engagement, and strategic direction, as it continues to deliver educational content and improve digital services.
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