Liontrust Winners, the new investment trust managed by William Pattisson, is to start trading on the...
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 Liontrust Winners, Pattison is looking to concentrate solely on winning stocks, focusing on those companies he considers show strongest potential in high share price momentum and positive earnings forecasts.
The portfolio is to be benchmarked against the FTSE 100, but will contain some holdings outside so as to capture fast moving companies about to enter the index.
Pattisson joined Liontrust as joint investment director from Flemings in mid-June 1999.
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