Liontrust moves to rebrand its smaller companies fund

Liontrust is considering rebr-anding its Smaller Companies fund to more adequately reflect its investment mandate, writes Jenne Mannion. The £49m fund may be renamed the Liontrust Intellectual Capital fund to more accurately reflect the investment process adopted by fund manager Anthony Cross. Cross is talking to IFAs about how the label small company is meaningless and misleading. Cross said: "Beyond being a vague indication of market capitalisation and merely an arbitrary boundary line in the carve up of the stock market, the term small company tells you nothing." The small companies ...