Liontrust Asset Management plans to launch a closed-end UK equity fund, investing in the FTSE 350 an...
Liontrust Asset Management plans to launch a closed-end UK equity fund, investing in the FTSE 350 and managed by William Pattisson in March, writes Jenne Mannion. Jonathan Harbottle, marketing director of Liontrust, said the portfolio is likely to be run along similar lines to the £7m Liontrust First Large Cap unit trust, launched in October 1999 and also run by Pattisson. Since launch, that fund has already outperformed the FTSE All-Share by 2%, already fulfilling its objective of achieving that level of performance, according to the group. Liontrust has not decided whether the close-en...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes