Impax full-year results: Net outflows reach £5.8bn but AUM remains steady
Outflows increased by 6,204% compared to 2023
Outflows increased by 6,204% compared to 2023
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Liontrust’s suite of funds saw net outflows of £6.1bn during the year
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The firm’s group revenue for 2023/24 increased by 13.9%
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Some £4bn of investors’ money left the firm’s UK retail funds and managed portfolio services
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Net client flows reached £1.1bn
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Index, actively-managed and multi-asset funds saw net inflows
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Adjusted operating profit in the investments arm of the business shrunk by 62% in 2023
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