Liontrust Asset Management (LIO)

Sector:

Financials

Index:

FTSE Small Cap

665.00p
   
  • Change Today:
      21.00p
  • 52 Week High: 855.00
  • 52 Week Low: 523.50
  • Currency: UK Pounds
  • Shares Issued: 64.94m
  • Volume: 167,081
  • Market Cap: £431.82m
  • RiskGrade: 183

Liontrust Asset Management seeking new chairman - report

By Michele Maatouk

Date: Thursday 25 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Liontrust Asset Management has reportedly embarked on a search for a new chairman months after it was forced to end its pursuit of rival GAM amid disquiet among shareholders.
According to Sky News, Liontrust is working with headhunters to find a successor to Alastair Barbour, whose 13-year tenure on its board is expected to end in the coming months.

The search, which has been under way for some time, comes after a tumultuous year for the company, which has seen billions of pounds in outflows as well as a failed M&A strategy.

It walked away from the Swiss-based fund manager GAM last summer after the target's investors refused to back the deal, dealing a major blow to Barbour and chief executive John Ions.

Liontrust was ejected from London's FTSE 250 index after its shares halved in the last year.

In its annual report published last autumn, Liontrust said that Barbour would remain as chairman for a maximum of two more years. He has only chaired the company since September 2019, but is already "timed out" under UK corporate governance guidelines.

Last autumn, 15% of investors voted against his re-election, while earlier last year it was reported that two non-executive directors had resigned in protest at the length of his tenure on the board.

Sky said it was unclear on Thursday whether Liontrust was considering any of its existing board members as candidates to replace Barbour.



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

LIO Market Data

Currency UK Pounds
Share Price 665.00p
Change Today 21.00p
% Change 3.26 %
52 Week High 855.00
52 Week Low 523.50
Volume 167,081
Shares Issued 64.94m
Market Cap £431.82m
RiskGrade 183

LIO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
55.29% below the market average55.29% below the market average55.29% below the market average55.29% below the market average55.29% below the market average
35.71% below the sector average35.71% below the sector average35.71% below the sector average35.71% below the sector average35.71% below the sector average
Price Trend
11.97% above the market average11.97% above the market average11.97% above the market average11.97% above the market average11.97% above the market average
3.45% above the sector average3.45% above the sector average3.45% above the sector average3.45% above the sector average3.45% above the sector average
Income
65.53% above the market average65.53% above the market average65.53% above the market average65.53% above the market average65.53% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Growth
4.69% below the market average4.69% below the market average4.69% below the market average4.69% below the market average4.69% below the market average
2.86% above the sector average2.86% above the sector average2.86% above the sector average2.86% above the sector average2.86% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 2
Sell 0
Strong Sell 1
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

LIO Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 04-Jul-24 23-Nov-23
Paid 09-Aug-24 05-Jan-24
Amount 50.00p 22.00p

Trades for 18-Jul-2024

Time Volume / Share Price
16:35 50,306 @ 665.00p
16:35 11 @ 665.00p
16:35 25 @ 665.00p
16:35 325 @ 665.00p
16:35 508 @ 665.00p

LIO Key Personnel

CEO John Stephen Ions

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