Liontrust

Investors in Charles Stanley saw the value of their shares plummet by more than 10% this morning after the firm issued a profit warning.

Liontrust has seen a rise in assets under management and a jump in pre-tax profits, after its acquisition of multi-asset business North Investment Partners last October.

Liontrust posted its best quarter for inflows in a decade during the three months to the end of March, according to its full-year results, released today.

Super clean and others; why fund groups took different approaches to passing on cheaper costs

Standard Life has secured discounts from 12 external fund groups across 291 clean funds, equivalent to an average AMC discount of 13bps.

A new wave of outperformance for high yield debt plus a return to financing strategies seen pre-crisis have begun to alarm bond fund managers.

Liontrust Asset Management has seen its AUM grow to £3.6bn by the end of 2013 as the takeover of North Investment Partners helped counter outflows in the final quarter.

EQUITIES

Liontrust has reported a 326% increase in adjusted pre-tax profit for the six months to 30 September and reintroduced an interim dividend.

Liontrust AM's chief executive John Ions expects John Husselbee's Wealth Solutions service to become a significant part of the business over the next few years, following the takeover earlier this month.