The firm now has AUM of around £3.3bn, up from £3bn at the end of Q1, of which around £2.3bn is in UK retail funds.
Institutional AUM decreased over the period due to both outflows and market performance, and finished the quarter at £480m, down from £501m at the start.
Its offshore funds attracted the most capital during the quarter, £179m, and offshore fund AUM increased from £275m to £433m over the period. According to FE, eight of the firm’s nine funds have outperformed the average fund in their respective sectors since launch, or
fund manager inception, while seven have been top quartile performers.
John Ions, chief executive, said: “It is particularly pleasing to have maintained positive net sales given the recent volatility in equity and fixed income markets. And to have achieved 12 successive quarters of net inflows affirms our view that the most profitable way to increase AuM is through organic growth.
“We are confident our equity income funds will be a key provider of this growth in the future. From 3 July, we lifted the geographical restrictions on the Liontrust Income Fund to enable the fund managers to invest in companies on a global basis. This complements our Liontrust Macro Equity Income and Liontrust Asia Income funds and provides investors with even greater diversification.”
