Liontrust Asset Management (LSE:LIO) remains a 'sell' for Deutsche Bank, as continued investor withdrawals in May are souring gains from rising markets. Baed on public filings, analyst Jonas Dohlen calculated that Liontrust recorded £200 million of trackable net outflows during the month, driven by redemptions from its Sustainable fund range.
Liontrust still a 'sell' as outflows continue to sour market gains, says Deutsche Bank
Source: Proactive Investors