Liontrust edges closer to £10bn AuM target as inflows soar

Liontrust Asset Management’s latest trading update has revealed it is within touching distance of hitting its £10bn target for assets under management (AuM).

Liontrust edges closer to £10bn AuM target as inflows soar

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Ions said: “The addition of new fund management teams has broadened and strengthened the Liontrust client proposition.

“Gross sales of over £2bn in the financial year demonstrate our distribution capability through a challenging period.

“The development of the company over the last few years, both in terms of infrastructure and client proposition, and our clear, focused business enables us to start the new financial year with confidence that we will continue the success achieved so far.”

Ions pointed to the success of Liontrust’s actively managed unit trust funds, 96% of which have outperformed the benchmark since launch as evidence of the company’s commitment to active management.

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