first quartile fund performance liontrust

The ranking of eight out of nine Liontrust Oeics in the first quartile of their sector is a key factor behind the firm’s eighth successive quarter of inflows, according to chief executive John Ions.

first quartile fund performance liontrust

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In its interim management statement Liontrust reported net inflows of £93m in the period from 1 April to 30 June 2012.

On top of that, since the start of Q3 (1 July) Liontrust has recorded net inflows of £39m, with AUM at close of business on 17 July up at £2.19bn.

"We have maintained the momentum of the past two years, having now recorded eight successive quarters of net inflows. The positive sales have continued into the second quarter of the financial year since we announced our full year results on 20 June. This has been achieved in spite of the ongoing market volatility and economic uncertainty in the UK and internationally," Ions said.

All the inflows in the interim period, from the start of April to 30 June, came from retail investors (£102m), while institutional investors withdrew £7m and offshore funds lost £2m.

Meanwhile, the completion of the acquisition of Walker Crips Asset Managers on 12 April brought in a further £581m, split into £160m institutional funds and £421m retail funds.

Liontrust said as well as eight of its nine unit trusts being in the first quartile of their sectors since launch or since the fund managers were appointed (to 30 June), five out of five funds are in the first quartile over five years and five out of seven in the top quartile over three, according to Financial Express data.

Ironically, the one poorly performing fund is the Liontrust European Absolute Return Fund, which is ranked in the fourth quartile since launch in July 2009 and the third quartile over one year.

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