Month

Year

Posts:

Fund manager

Funds:

Phil Milburn

Be prepared to take the right kind of bond risk

With interest rates expected to stay lower for longer than necessary and inflation heating up, Phil Milburn warns that bond investors must take risk in the right places if they are to avoid getting burned. Read more
David Roberts

10 trades for the New Year (revisited after six turbulent months)

Back in January, David Roberts identified 10 high-quality sovereign trades. Nearly six months later and with the world living with Covid-19, David assesses how successful these trades have been and what they now say about the outlook for bond markets. Read more
James Inglis-Jones

Where we see an opportunity in today’s market

The proprietary market indicators used by the Cashflow Solution team suggests value stocks in aggregate look exceptionally cheap relative to history. James Inglis-Jones explains why, what else the indicators are telling them and how their funds are positioned to exploit this. Read more
Mark Williams

Which countries offer Asia’s best income prospects?

Dividends in Asia are likely to be more resilient to Covid-19 pressures than Western markets. Mark Williams analyses the best income opportunities in the region. Read more

10 macro and micro fixed income trades for summer

David Roberts, Phil Milburn & Donald Phillips

Active management is largely about taking opportunities and the Global Fixed Income team highlight ten potential alpha sources in their funds for the summer months, across macro trades, investment grade and high yield. Read more
Shashank Savla

India – between a rock and a hard place

India began to lift its lockdown measures in early June. Shashank Savla thinks this risks a substantial rise in infections, which would delay economic recovery and leave Indian equities looking expensive. Read more

Liontrust European Enhanced Income Fund

May 2020 review

European stimulus hopes aid stock rebound. Read more

Liontrust European Income Fund

May 2020 review

European stimulus hopes aid stock rebound. Read more
John Husselbee

Our 2020 Strategic Asset Allocation review

SAA is the scientific core of our multi-asset investment approach and John Husselbee runs through the key points from his 2020 annual review. Read more
John Husselbee

Reading the investment clock

With equities rushing far ahead of economic fundamentals into recovery territory, John Husselbee examines his investment clock and asks what the ongoing disconnect might mean for investors. Read more
David Roberts

Look beyond the headline UK inflation figures

David Roberts argues that the UK inflation rate is not what it seems and that negative rates would be a potential horror story for the future. Read more
Peter Michaelis

Nuclear power – still no thanks in 2020?

Liontrust’s Sustainable team has largely avoided nuclear power since a review a decade ago but given this energy’s low carbon emissions – and the increasing urgency of decarbonisation – does this position need to change? Read more
Stuart Steven

Why we favour short duration, investment grade, banks and insurers

As companies prepare for a long recovery from Covid-19, Stuart Steven continues to favour top-tier bonds from banks, insurers and telecom companies where he predicts very limited downgrades in the months ahead. Read more
Peter Michaelis

Should 2020’s unpredictability force a sustainable rethink?

The terrible events of the first half of the year have further highlighted the issues of social inequality and the parlous state of our natural world. Liontrust’s Peter Michaelis explains why capital markets and competition between companies can serve society to help produce a more sustainable world. Read more

Liontrust UK Smaller Companies Fund

May 2020 review

A number of the Fund’s holdings were able to move higher on evidence that trading may prove more resilient to lockdown measures than most; Clipper Logistics was a prominent riser. Read more

Liontrust UK Micro Cap Fund

May 2020 review

Totally - the provider of ‘out-of-hospital’ healthcare services such as NHS 111 – notched up a big gain in May after announced earnings were on course to consensus market expectations. Read more

Liontrust UK Growth Fund

May 2020 review

As investors became more confident of the prospects for economic recovery from Covid-19, a number of the Fund’s holdings rallied – particularly those in the industrials sector. Read more

Liontrust Special Situations Fund

May 2020 review

As investors became more confident of the prospects for economic recovery from Covid-19, a number of the Fund’s holdings rallied – particularly those in the industrials sector. Read more

Liontrust GF UK Growth Fund

May 2020 review

As investors became more confident of the prospects for economic recovery from Covid-19, a number of the Fund’s holdings rallied – particularly those in the industrials sector. Read more

Liontrust GF Special Situations Fund

May 2020 review

As investors became more confident of the prospects for economic recovery from Covid-19, a number of the Fund’s holdings rallied – particularly those in the industrials sector. Read more

Liontrust Global Income Fund

May 2020 review

Materials sector boosted as countries begin easing lockdowns. Read more

Liontrust GF European Strategic Equity Fund

May 2020 review

Short book’s positions in IT and health care sectors weigh on performance. Read more

Liontrust GF European Smaller Companies Fund

May 2020 review

IT and communications services holdings drive returns. Read more

Liontrust European Growth Fund

May 2020 review

Bank of Ireland and BNP Paribas both see earnings hit by Covid-19. Read more

Liontrust Macro UK Growth Fund

May 2020 review

Security of Earnings’ initiated as latest macro-theme, making the portfolio more robust to Covid-related setbacks and serving as a counterweight to its cyclical constituents. Read more

Liontrust Macro Equity Income Fund

May 2020 review

Security of Earnings’ initiated as latest macro-theme, making the portfolio more robust to Covid-related setbacks and serving as a counterweight to its cyclical constituents. Read more

The Multi-Asset Process

May 2020 Market Review

With concerns that surging equity markets are disconnected from fundamentals, John Husselbee looks at what might upset the delicate balance between Covid-19 fallout and the huge stimulus efforts from governments and central banks. Read more

Liontrust Strategic Bond Fund

May 2020 review

Investment grade spreads have retraced a large portion of their widening, yet still offer compelling value for the long-term investor. Read more

Liontrust GF Strategic Bond Fund

May 2020 review

Investment grade spreads have retraced a large portion of their widening, yet still offer compelling value for the long-term investor. Read more

Liontrust GF Asia Income Fund

May 2020 portfolio changes

King Yuan Electronics sold in order to reduce portfolio exposure to US clampdown on Huawei. Read more

Liontrust Asia Income Fund

May 2020 portfolio changes

King Yuan Electronics sold in order to reduce portfolio exposure to US clampdown on Huawei. Read more

Liontrust Global Dividend Fund

May 2020 review

Companies plugged into the new economy should benefit from the shift in demand towards the digital economy as we emerge from lockdown. Read more
Peter Michaelis

What are the prospects for Sustainable growth in the UK?

Following the enforced behavioural changes by Covid-19, Peter Michaelis analyses which UK stocks may benefit from positive structural growth over the long term. Read more
Olly Russ

A sector-by-sector look at Europe’s worst hit, and most immune, dividend payers

Olly Russ takes a sector-by-sector look at the impact of Covid-19 on dividend payments in Europe. Read more
Olly Russ

The European dividend outlook

This year will be challenging for income investors, but 2021 could see companies free of restrictions and awash with capital. Olly Russ looks at the European dividend outlook. Read more
Julian Fosh

Why we have invested in IMI

The stockmarket setback in March allowed the Economic Advantage team to add a new company to the UK Growth Fund at an attractive price. Fund manager Julian Fosh explains how this high-quality cyclical stock could provide some upside to the eventual economic recovery from Covid-19. Read more
James Dowey

Why investors can’t ignore disruption

Disruption is impacting every sector, and it is becoming increasingly common to see the destruction of products and business models. James Dowey explains disruption, what is driving this and what makes a good disruptive investment. Read more
Phil Milburn

GFI Quarterly: Reasons to be cheerful (as well as fearful)

Covid-19 uncertainty has lowered confidence in economic forecasts. But Phil Milburn explains why there are reasons to be cheerful as well as fearful and where the team is finding investment opportunities in investment grade and high yield. Read more
John Husselbee

The power of blending fund managers

Blending funds and managers is the key extra ingredient in portfolio construction. In this article, John Husselbee interviews two of his UK equity managers to illustrate the benefits of blending. Read more
John Husselbee

Active versus passive: what lockdown adds to the debate

Active and passive funds have performed differently in the downturn and recovery during Covid-19. John Husselbee looks at what this tells us about the best environments for each. Read more

The income case for quality high yield

Phil Milburn & Donald Phillips

With widespread cuts and suspensions to dividends by equities, Donald Phillips and Phil Milburn propose the quality end of high yield as a potential asset class for income investors. Read more
Alex Wedge

Silver linings playbook

Alex Wedge, fund manager in the Economic Advantage team, takes a look at some of the positive themes emerging in the smaller companies and micro-cap space as companies respond to the Covid-19 crisis. Read more

Liontrust European Income Fund

April 2020 review

Companies reveal dividend plans during busy reporting season. Read more

Liontrust European Enhanced Income Fund

April 2020 review

Companies reveal dividend plans during busy reporting season. Read more

Liontrust UK Smaller Companies Fund

April 2020 review

Companies with strong balance sheets in favour during market rebound. Read more

Liontrust UK Micro Cap Fund

April 2020 review

Fund adds three new stocks to the portfolio. Read more

Liontrust UK Growth Fund

April 2020 review

March’s weakest performers lead the April bounce. Read more

Liontrust Special Situations Fund

April 2020 review

Companies reassure on financial positions as coronavirus crisis continues. Read more

Liontrust GF UK Growth Fund

April 2020 review

March’s weakest performers lead the April bounce. Read more

Liontrust GF Special Situations Fund

April 2020 review

Companies reassure on financial positions as coronavirus crisis continues. Read more