Liontrust Asset Management : Trading Update
LEI: 549300XVXU6S7PLCL855 For immediate release 19 October 2022 Stock Exchange Announcement LIONTRUST ASSET MANAGEMENT... | October 19, 2022
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LEI: 549300XVXU6S7PLCL855 For immediate release 19 October 2022 Stock Exchange Announcement LIONTRUST ASSET MANAGEMENT... | October 19, 2022
Liontrust has seen £1.6bn of net outflows in the three months till the end of September.
Liontrust Asset Management suffered £0.5bn of net outflows in the three months to the end of June, as it also revealed the creation of a new team.
AssetCo has abandoned its long term incentive plan for executives after investors expressed their dissatisfaction with the remuneration structure.
Liontrust Asset Management revealed it made gross profit of £231m in the past financial year, a 41% on the 2020-21 period.