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Liontrust takes first steps into closed-ended territory with sustainable trust launch


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). ....

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From 'unloved' to 'favorite,' Britain's stock market rides a wave.


From ‘unloved’ to ‘favorite,’ Britain’s stock market rides a wave.
Despite strict lockdowns and Brexit trade disruptions, investors have turned to Britain’s stock market in the first weeks of 2021.
The skyline of London’s financial district last week. After years of shunning British stocks, investors are having a change of heart. Credit.Toby Melville/Reuters
Jan. 21, 2021
The start of 2021 has been rocky for Britain. Its exit from the European Union unleashed a colossal amount of red tape that has left some industries desperate for help, and the country is under yet another lockdown because of a fast-spreading strain of the coronavirus. ....

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