Clients pull £831m from Liontrust

UK investment boutique Liontrust Asset Management has lost eight mandates worth about £831m (€1.2bn) in assets. Its three main UK equity funds have underperformed for two years.

The company said the lost business represents about £2m of revenues before compensation costs and deduction of other operating expenses.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump