UK's Liontrust Asset Management bottoms small-caps after annual profit drop

Liontrust Asset Management

25/06/2025 09:02

** Shares of fund manager Liontrust Asset Management LIO.L slide 3.8% to 396p
** Stock is among top losers on the FTSE small-cap index .FTSC, which is up 0.2%

** Posts adjusted profit before tax of 48.3 million pounds ($65.82 million), down 28.2% y/y

** We believe it will be more challenging for markets to generate the same level of returns in the next few years as over the past decade - LIO

** Introduces new Capital Allocation Policy, including new dividend policy of a payout ratio of a minimum of 50% of adjusted EPS, and returning excess capital to shareholders via share buybacks

** Including session moves, stock down 16.9% YTD

($1 = 0.7338 pounds)

 (Reporting by Subiksha S in Bengaluru)

 ((Subiksha.S@thomsonreuters.com))