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Liontrust fund hits £1bn and closes doors

Liontrust UK equity fund have closed the door to new institutional investment business after the fund managed by Jeremy Lang hit the £1bn mark for funds under management

Lang says he now wants to concentrate on obtaining the best returns for existing Liontrust clients.

A Liontrust spokesman says “The decision to close Lang&#39s funds is excellent news. We are doing what we promised and are pleased that Lang&#39s process is not being overstretched.”

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Guide

Guide: day-to-day tasks ​— can your system manage?

This guide from Johnson Fleming will take you through the required communication and also give ideas for additional actions that will ensure your auto-enrolment project is a success. As well as highlighting what is required from a system to ensure it is up to the tasks, an overview of the following is also provided: data validation; data categorisation; employee communication; opt-in process; opt-out process; produce contribution schedule; contribution reconciliation process; upload of member data to pension provider; upload contribution to pension provider; manage salary sacrifice process; enrolment process; re-enrolment process; and management of increased employee queries.

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