At the end of March 12 months ago, the firm ran £1.34bn, itself an increase from £1.1bn at the end of March 2010 which followed what John Ions described as “an extensive restructuring programme” over the previous 14 months.
Its restructuring has continued with the acquisition of Occam Asset Management in October last year and, more recently, the proposed acquisition of Walker Crips Asset Management. On the other side of the coin, Ions oversaw the sale of Liontrust’s credit business to Avoca Capital.
Back to its 2011/2012 year-end results and the firm saw net inflows of £146m across its product range. The current quarter has seen net inflows of £72m.
On top of this, Liontrust earned £1.4m in performance fees, up from £1.3m last year.
Source: Liontrust results, year end 27 March 2012
