- Gam takeover prompts heated debate
- Liontrust funds lose their mojo
The past couple of years have amply demonstrated how a combination of changing tastes, plus the all-important direction of interest rates, can squeeze the income of even the most popular of companies. In this respect, Liontrust’s (LIO) results are only obeying the cast-iron law of the asset management market: companies struggle when their funds lose their lustre and investors distrust the management’s solutions.