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Asset Management

Misery continues for UK fund houses as Liontrust, Rathbones, Brooks Macdonald all bleed assets

The conditions still look bleak for some of the City's top asset managers

By David Ricketts

and

Justin Cash
'Active managers have never been confronted by such a competitive environment to attract and retain assets'
'Active managers have never been confronted by such a competitive environment to attract and retain assets' Photo: Richard Baker/Getty Images

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The City's asset managers are continuing to battle inflation, weak investor confidence and cost pressures, which are pushing down assets under management.

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