Liontrust set to merge China fund into EM portfolio as assets shrink

AUM of £11m

Liontrust is set to merge its China fund into its emerging markets fund next month due to falling assets, subject to investor approval.

The Liontrust China fund has fallen to just £11.6m from a peak of over £100m, while the Liontrust Emerging Markets fund sits at just £9.4m, due to continued outflows. The China fund's primary manager, Ruth Chambers, has led the fund for the last five years, having joined Liontrust as part of its acquisition of Neptune in 2019. The two deputy managers, Ewan Thompson and Thomas Smith, also both joined from Neptune, with both joining the fund's management in February this year. Thompson is also a manager on the EM fund, as well as the Liontrust India fund, with Smith also working on t...