Liontrust Asset Management (GB:LIO) has released an update.
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Liontrust Asset Management has reported a decline in gross profit for the six months ending September 2024, but remains optimistic about future prospects with strategic changes, including cost savings and a share buyback program. The company emphasizes its commitment to active management amid market challenges, focusing on diversifying products and strengthening technological capabilities. Despite a challenging period, Liontrust’s fund performance is improving, with a strong brand and client engagement supporting their confidence in future growth.
For further insights into GB:LIO stock, check out TipRanks’ Stock Analysis page.
