6th June 2014
Liontrust Asset Management Plc re-enters the FTSE All-Share Index
In the annual review of the FTSE All Share constituents, it has been announced that Liontrust Asset Management plc will re-enter the index for the first time since 2008.
The move upwards from the FTSE Fledgling Index to the FTSE Small Cap Index brings an end to the company's five-and-a-half year absence from the main UK stock market listing, and is a milestone in the turnaround of its fortunes.
Liontrust went through a period of difficulty following the global financial crisis, when its star managers, Jeremy Pattison and William Lang, resigned to set up their own company in 2009. They were the first resignations for the company in 15 years.
However, under the leadership of John Ions, the chief executive who joined in 2010, the group has seen a reversal of fortunes.
Performance on their UK equity fund franchise has been strong and they have once again started to attract significant amounts of money from investors.
Liontrust currently has four funds with an Elite Rating:
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