Month

Year

Posts:

Fund manager

Funds:

Liontrust US Opportunities Fund

Q1 2021 review

The Fund was helped by its larger than benchmark position in smaller cap companies and indeed many of the strongest performers during the quarter were to be found down the market cap spectrum. Read more

Liontrust Global Smaller Companies Fund

Q1 2021 review

The price of long-term outperformance is often volatility and given the strength of the Fund’s performance last year, it is somewhat understandable the portfolio has underperformed over recent months. Read more

Liontrust Balanced Fund

Q1 2021 review

Fund's focus on technology-related stocks or those companies utilising technology to gain a competitive advantage versus their industry peers was a major detractor to returns in Q1. Read more

Liontrust Russia Fund

Q1 2021 review

Key positive contributions came from positions in Novatek, TCS and Lukoil while the relative underperformance was due to being underweight in the energy sector. Read more

Liontrust Global Equity Fund

Q1 2021 review

We continue to believe that maximizing long-run investment returns is achieved by investing in businesses that have the best chances of long-run operational success. Read more

Liontrust Japan Opportunities Fund

Q1 2021 review

The currency hedge back into sterling boosted the Fund’s outperformance in the first quarter. Read more

Liontrust Latin America Fund

Q1 2021 review

Positive contributions came from holdings in Chilean banks and mining companies Vale and Grupo Mexico, while relative underperformance was driven by holdings in consumer discretionary and utilities sectors in Brazil. Read more

Liontrust Global Dividend Fund

Q1 2021 review

We continue to focus on buying excellent companies with high chances of long-term success and we are excited by numerous opportunities that we currently see presenting themselves. Read more

Liontrust Japan Equity Fund

Q1 2021 review

Major contributors to outperformance were the materials and construction holdings which all gained more than 15% with notable mention to Mitsubishi Chemicals, JFE steel and Haseko, all returning over 30%. Read more

Liontrust Global Alpha Fund

Q1 2021 review

While disappointing to underperform the average peer in the IA Flexible investment sector, the Fund’s positive contributors over the period included Alphabet, CME Group and Horizon Therapeutics. Read more

Liontrust US Income Fund

Q1 2021 review

US equities continued the strong, cyclical, reflationary rally that began in earnest in the summer of last year fuelled by continued fiscal stimulus and evidence that US economy is bouncing back quicker than many thought it would. Read more

Liontrust India Fund

Q1 2021 review

The drivers of the Fund’s performance were primarily stock selection in three key sectors – materials, financials and IT. Read more

Liontrust European Opportunities Fund

Q1 2021 review

The Liontrust European Opportunities Fund returned 3.9% during the quarter with key positive contributions coming from the financials and consumer discretionary sectors. Read more

Liontrust Income Fund

Q1 2021 review

The Fund faced a number of headwinds over the quarter, including the considerable underperformance of technology stocks and an underweight to UK stocks outside of the FTSE 100. Read more

Liontrust Emerging Markets Fund

Q1 2021 review

Within emerging markets, returns were dramatically varied, both on a sector and country level. The prime beneficiaries of the prevailing macro backdrop were materials, financials, energy and industrials. Read more

Liontrust China Fund

Q1 2021 review

This quarter, we increased our positions in the financials space as companies in this sector should benefit from the continued economic recovery and normalisation of monetary policy in China. Read more

Liontrust Global Technology Fund

Q1 2021 review

Technology, and US based growth equities in general, had a very strong start to the year up to January when their fortunes reversed with fears of inflation seeing treasury yields begin to rise significantly. Read more

Liontrust GF European Strategic Equity Fund

March 2021 review

Long book once again benefits from value bias. Read more

Liontrust GF European Smaller Companies Fund

March 2021 review

Value bias again beneficial; London-listed housebuilder Vistry Group and Belgian steel wire company Bekaert both beat expectations with 2020 results. Read more

Liontrust European Growth Fund

March 2021 review

Value bias again beneficial; Steel wire company Bekaert was one of the highlights, with expectation-beating 2020 results. Read more

Liontrust Global Income Fund

March 2021 review

Auto maker Stellantis rises on upbeat margin outlook but German fertilizer company K+S disappoints with 2021 earnings guidance. Read more
John Husselbee

How to win by not losing: Play the course, not the opponent

Hideki Matsuyama’s victory in the recent Masters shows the importance of playing the course rather than the opponent, and avoiding unforced errors. As John Husselbee reveals, both are equally key to ‘winning the loser’s game’ of investment. Read more

Liontrust GF SF Pan-European Growth Fund

Q1 2021 review

Several financials feature among top holdings as sector continues to rally. Read more

Liontrust GF SF Global Growth Fund

Q1 2021 review

Alphabet and ASML continue to shine amid tougher period for quality growth. Read more

Liontrust GF SF European Corporate Bond Fund

Q1 2021 review

Duration short key to outperformance as government bonds sell off. Read more

Liontrust SF European Growth Fund

Q1 2021 review

ASML, Umicore and Assa Abloy among top names in slower quarter for quality growth. Read more

Liontrust SF Global Growth Fund

Q1 2021 review

Several financials, including Schwab, First Republic Bank and Prudential, among top names as ‘value’ continues rally. Read more

Liontrust SF Defensive Managed Fund

Q1 2021 review

GW Pharmaceuticals and Softcat key UK names in tougher Q1 for quality growth. Read more

Liontrust SF Corporate Bond Fund

Q1 2021 review

Corporate credit spreads remain resilient despite pressure from rising yields. Read more

Liontrust SF Cautious Managed Fund

Q1 2021 review

Overweight equities and underweight cash and government bonds all positive contributors in tougher Q1 for quality growth stocks. Read more

Liontrust SF Managed Fund

Q1 2021 review

Structural growth focus helps avoid crowded trades, with Alphabet only holding among FAANGs. Read more

Liontrust SF Managed Growth Fund

Q1 2021 review

Overweight equities and underweight cash positive contributors in tough Q1 for quality growth stocks. Read more

Liontrust SF UK Growth Fund

Q1 2021 review

Home REIT and First Derivatives among adds over period. Read more

Liontrust Monthly Income Bond Fund

Q1 2021 review

Underweight rate position drives performance amid sharp rise in government bond yields. Read more

Liontrust UK Ethical Fund

Q1 2021 review

Stocks hit hardest in 2020, including National Express and DFS, continue to rally. Read more

Liontrust UK Micro Cap Fund

March 2021 review

March’s key share price moves stem from a variety of trading updates, acquisitions and contract wins. Read more

Liontrust GF UK Growth Fund

March 2021 review

Renishaw sale announcement and 2020 earnings season dominate March newsflow. Read more

Liontrust GF Special Situations Fund

March 2021 review

Renishaw sale announcement and 2020 earnings season dominate March newsflow. Read more

Liontrust Special Situations Fund

March 2021 review

Renishaw sale announcement and 2020 earnings season dominate March newsflow. Read more

Liontrust UK Smaller Companies Fund

March 2021 review

Results from Mortgage Advice Bureau and Smart Metering Systems among those to show resilience to Covid-19. Read more

Liontrust UK Growth Fund

March 2021 review

Renishaw sale announcement and 2020 earnings season dominate March newsflow. Read more

Liontrust GF Strategic Bond Fund

March 2021 review

Lower duration limits capital losses during sell-off. Read more

Liontrust Strategic Bond Fund

March 2021 review

Lower duration limits capital losses during sell-off. Read more

Liontrust GF Absolute Return Bond Fund

Q1 2021 review

Exposure to market sell-off outweighs fund’s alpha generation in March. Read more

Liontrust GF High Yield Bond Fund

Q1 2021 review

Good stock-picking in energy sector helps overcome the headwind of high returns from low-quality bonds. Read more
Phil Milburn

Was it something we AIT? How the Fed’s inflation policy will affect bond yields

With inflation set to continue rising, Phil Milburn takes a look at the market’s battle with the US Federal Reserve over how high bond yields will be allowed go Read more
David Roberts

Bond markets during a global pandemic

David Roberts, Head of Fixed Income at Liontrust, analyses how bond markets have reacted to the pandemic over the past year and what this means for investors. Read more

The Multi Asset Process

March 2021 Market Review

Alongside higher inflation, John Husselbee says equity investors should keep an eye on pent-up demand, bloated central bank balance sheets and the demise of TINA – but for the most part, valuations continue to be attractive. Read more
Victoria Stevens

Success stories in the UK micro cap space

Since its launch 5 years ago, a number of stocks have left the Liontrust UK Micro Cap Fund because they have been so successful they have outgrown the portfolio. Victoria Stevens highlights such companies and others that could follow. Read more
David Roberts

Do you really own a bond fund?

Bonds are thought of as a relatively stable asset class, which offer diversification from equity risk. But that isn’t always the case. David Roberts explains how some bonds are more closely correlated with equities than the wider bond market and why it is imperative that investors are selective about which bonds they include in their portfolios. Read more