liontrust trebles inflows year-on-year

Liontrust Asset Management has revealed net inflows of £253m in the financial year to 31 December, over three times the equivalent period in 2011.

liontrust trebles inflows year-on-year

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The strong annual total followed a bumper final three months of the year, with net inflows of £64m from 1 October to 31 December.

These quarterly inflows were more than four times those seen in the same period a year earlier.

Liontrust’s AUM at close of business on 31 December were £2.53bn, the company said, and AUM in UK retail funds have now reached above £2bn.

Chief executive John Ions said the company had now recorded 10 successive quarters of net inflows and put it down to ‘impressive long-term performance’.

“This performance should enable us to benefit from the improving sentiment towards equity investment over the past few months, which is where all our assets are currently managed.”

The firm plans to branch outside the equity space with the launch of a Dublin-domiciled global strategic bond fund in February.

Intentions for this were announced in November when the company recruited Thames River’s Michael Mabbutt as head of a newly formed global credit division.

Mabbutt was previously head of the global credit division at Thames River and lead fund manager of the Thames River Hillside Apex Fund (a Cayman Islands hedge fund) and the Thames River High Income Fund (a Dublin UCITS fund).

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