Liontrust Reports Narrower Outflows
British fund manager Liontrust Asset Management reported narrowing net quarterly outflows of 459 million pounds as persistent retail withdrawals outweighed institutional demand. Total assets edged down to 24.06 billion pounds.
Insights:
Liontrust Asset Management reported net outflows of £459 million ($613.6 million) during the second quarter, narrowing from £1.24 billion the previous year as institutional demand offset retail pressures. The United Kingdom wealth manager faced persistent retail withdrawals while benefiting from client rotation away from United States equities. The contraction highlights ongoing structural challenges for traditional fund managers amid shifting investor allocations.
