Aggressive Liontrust hits target

Liontrust Winners, the new investment trust managed by William Pattisson, is to start trading on the London Stock Exchange on 6 April after raising its £30m target. Jonathan Harbottle, marketing manager at Liontrust, said the £30m was raised through both private clients and institutional investors. Liontrust Winners will be an aggressive and concentrated portfolio, holding between 15 and 30 stocks from the FTSE 100. The investment strategy will be based on a process developed by Pattisson and already implemented in the Liontrust First Large Cap unit trust launched last October. In Liontr...