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Liontrust to cut 25 jobs in bid to boost profits

Active managers continue to struggle against cheaper passive peers and macroeconomic headwinds

Liontrust boss John Ions is planning to save around £4.5m by slashing jobs and sub-scale funds
Liontrust boss John Ions is planning to save around £4.5m by slashing jobs and sub-scale funds

UK fund house Liontrust is looking to cut around 25 jobs in a bid to boost flagging profits.

The listed fund management group is looking to save £4.5m on an annualised basis, to be implemented by the end of the current financial year, it said in its half-year report on 21 November.

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