Liontrust takes first steps into closed-ended territory with sustainable trust launch
‘The investment trust sector has been relatively behind the curve in servicing the growing demand for ESG strategies’
Fund buyers have welcomed Liontrust’s first steps into the closed-ended space with the launch of a sustainable investment trust, but think the sector needs to catch up with servicing the growing demand for ESG strategies.
It comes after a bumper year in which Liontrust’s assets increased by 92% to hit £30.9bn at the end of March.
Sustainable investments account for more than £10bn of Liontrust’s assets under management and “continues to generate strong sales”, according to chief executive John Ions (pictured).