Liontrust roars back into market

Liontrust Asset Management yesterday gave a bullish outlook for growth at the company after doubling of pre-tax profits last year. The asset management firm, which returns to the FTSE All Share on Monday for the first time since 2008, said incoming pension saving changes and more scope to sell funds overseas meant it was well placed to carry on its turnaround. The fund said adjusted pre-tax profits rose 122 per cent for the year ending March to £8.4m.