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Peter Michaelis, head of Liontrust Sustainable investment team, will focus on open-ended funds
Liontrust has abandoned the IPO of its ESG Trust, which had been pitted for 5 July, after failing to receive enough investor support, with commentators labeling the situation as "embarrassing" for the high-flying asset manager.
Liontrust, which had aimed to raise £150m, declined to disclose the exact level of commitment beyond the fact that it was "significant". In a statement John Ions, chief executive of Liontrust, said...
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