Peel Hunt upgrades UK's Liontrust to 'buy'; stock gains

Liontrust Asset Management

10/07/2025 09:30

** Liontrust Asset Management LIO.L rises ~5% to 380p

** Stock among top gainers on FTSE small-cap index .FTSC, which is up 0.2%

** Peel Hunt upgrades to "buy" from "add"

** British wealth manager issued AUM update for June 30, which showed continued outflows partly offset by asset value recovery

** AUM at 22.6 bln pounds ($30.74 bln), unchanged over the quarter

** Brokerage says while flows remain negative, there are early signs of improvement as institutions begin to diversify, after initial weakness on results day, leading to stock's partial rebounded

** Stock rated "buy" on avg; median PT is 430p, per data compiled by LSEG

** As of last close, stock down ~18% this year

($1 = 0.7351 pounds)

 (Reporting by Akriti Shah in Bengaluru)

 ((akriti.shah@thomsonreuters.com))