UK's Liontrust records USD18.8m profit


(MENAFN) Liontrust Asset Management, the firm located in the United Kingdom, recorded an adjusted profit before tax of about USD18.8 million for the fiscal year ended in March, FT Adviser reported.

With such results, the company marked an increase of 45 percent year-on-year, after an announcement of diversification plans in the near future.

"The enhancement of our alternative investments offering is important to meet clients' changing asset allocation and diversification requirements," the company's Chief Executive said.


MENAFN

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.