Liontrust Asset Management Share Discussion Threads

[barnes4] 14/7/2024 15:12

I am very happy with the phat dividend here

[mister md] 14/7/2024 15:02

yump - thing is, if you wait for all the signals to turn green, you may end up paying over 1000p to get back in, as well as missing out on the bumper dividends.

[yump] 14/7/2024 11:03

Well I’ve had a good look and amswered my own question.

It appears that Liontrust funds are mainly for private investors, so its a bit of a jump to assume an inflow of money anytime soon. If the outflows are due to cost of living problems, that money won’t magically come back.

If a big proportion is from overseas, not the UK, then that’s dependent on overseas available wealth. If thats healthy then the result here might be more dependent on sentiment and view of our market.

However those details on what recovery is actually dependent on, have not been covered by the company - at least I can’t find it easily. The outlook seems to be a generic and rather general statement.

[davethehorse] 14/7/2024 10:44

Whatever you think LIO is undervalued.....800p target short term

[fabius1] 14/7/2024 10:25

Faith and hope are not words I would comfortably associate with managing the uncertainties of the financial world against the fickle nature of politicians. Seems more like a plea to get back to the 'good old days' of the asset inflating printing press.

[masurenguy] 14/7/2024 08:06

Liontrust says things will only get better for fund groups under Labour
Liontrust boss John Ions is hopeful of growth under Labour as a trading statement shows outflows slowing to £900m in the latest quarter.

Liontrust (LIO) chief executive John Ions has put his faith in the new Labour government to improve the outlook for the UK’s fund managers. A trading update covering the three months to 30 June, the first quarter of Liontrust’s financial year, showed net outflows hit £900m over the period, down from £1.6bn in the same quarter last year. In a statement accompanying the update, Ions said that last week’s election result offered hope of stability. ‘Labour’s large majority in last week’s general election should herald a period of stability that will be positive for financial markets,’ he said. ‘It is encouraging that the new government has a pro-growth agenda and is committed to the simplification of pensions.’

Like many asset managers, Liontrust has faced challenges in recent years as high interest rates and inflation have roiled stock markets and hit demand for actively managed funds. A specialism in UK equities (a sector that has seen significant outflows) has also hurt Liontrust, manager of Edinburgh (EDIN) investment trust, while a failed bid for GAM hurt full-year profits in the most recent financial results. According to Morningstar data, Liontrust shares have lost investors more than 55% over the past three years to the end of June.

However, Ions said Labour’s push for stability and growth under chancellor Rachel Reeves, as well as a need to encourage investors to save more in their pensions, would help the asset manager going forward. ‘Along with falling inflation and the expectation of a reduction in interest rates, this should encourage international investors to return to the UK and boost capital flows to the stock market,’ Ions said. ‘Given the ever-increasing need for individuals to save more for their retirement as well, this will significantly improve the outlook for asset managers.’

[castleford tiger] 13/7/2024 21:12

I assume that’s a reference to me. Please could you explain to a thick Yorkshire man

[growthpotential] 13/7/2024 20:50

Castle Ford has been owned on lots of shares

[yump] 13/7/2024 09:15

Are their funds mainly for pi’s ?

[davethehorse] 12/7/2024 20:07

Still think we will see 700p plus by end of this month here

[mister md] 12/7/2024 15:11

72p dividend divided by 656p shareprice = 11 % dividend yield, incase anyone was wondering ;-)

[davethehorse] 12/7/2024 15:01

Keep holding and adding as it rises when possible....;-)

[castleford tiger] 12/7/2024 14:50

and the dividend remains at 72p a share?

[mister md] 11/7/2024 19:06

Speaking of which, Millenium reduced short position again yesterday:

% Short

Date Changed

Millennium International Management LP

0.45%

Wed July 10, 2024

[rcturner2] 11/7/2024 15:30

The main advantage of the change of government is we get some stability.

[hpcg] 11/7/2024 09:22

No one should be using a mutual fund to invest in the US. It is either individual stocks or an index tracker. Fund managers have to go to hard to reach areas, or where they need to demonstrate some actual skill to analyse a company. That means small caps, private companies and EMs / FMs. Small caps will never work for index or high frequency trading so the markets remain quite pure.

John09 r.e. 816 - yes, though the vast amount of cash in money market funds and deposit accounts suggests there is plenty of surplus that could be put to use. Limiting the amount that can be held in a cash ISA would be a help.

Though this is wild, England winning the Euros could boost markets here as people get some positivity and take the plunge into markets. The change of government is helpful for national mood too.

[riskvsreward] 11/7/2024 08:54

Polr moved with times and have funds investing in technologies and in Usa. That is where it differentiated from others like lti and Lio who seem to live in the glorious past and therefore lagged in performance. Hope the tide will turn soon.

[davethehorse] 11/7/2024 08:43

All the evidence suggests LIO is hugely undervalued in the 600s, with it being set for a very good period of recovery in AuM over the next 6 to 12 months plus as the investing environment improves, particularly in UK companies. Good to see plenty of others researching here and putting up opinions. Good luck if you holding or getting involved.

[mister md] 11/7/2024 07:05

POLR just reported 7% quarterly increase in AuM.