Published 6 October, the report showed positive net flows of £117m in the three months to 30 September.
Driven for the most part by £102m-net of retail investment, the fund flows increase was in spite of institutional net outflows and negative performance figures across the various business arms.
Another positive was the firm’s managed portfolio service and offshore funds range, which turned in net inflows of £10m and £24m respectively in the period.
However, Liontrust’s overall assets under management fell during both the past quarter and the six months to 30 September, with opening AUM of £4.49bn and £4.45bn on 1 April and 1 July respectively dropping to £4.42bn at September-end.
“We have enjoyed a successful second quarter of our financial year against a challenging economic and market background,” said John Ions, Liontrust CEO.
“By continuing to develop our range of alternative investment funds in Dublin, we can meet the different demands of our investors through the economic and market cycles. We are seeing growing demand, for example, for our long/short funds in both the UK and continental Europe.
“The challenge of managing client money during periods of extreme volatility has also prompted increased interest from the broader adviser community in our multi-asset offering as an outsourced solution.”
On a more incremental level, Liontrust’s current AUM levels is primarily contributed by the retail side of the business, which accounted for £3.06bn at 30 September, driven by economic advantage-focused vehicles.
Institutional investments contributed £1.08bn, propelled by macro-thematic processes, while the firm’s MPS and offshore funds business stood at £164m and £119m respectively.
