Liontrust sees drop in net inflows but grows AUM
Over the financial year, net inflows were 26% lower YOY but made an upward recovery in the final quarter.
Over the financial year, net inflows were 26% lower YOY but made an upward recovery in the final quarter.
A tax avoidance scheme used by celebrities and fund managers, including one-time Radio 1 DJ Chris Moyles and former Liontrust fund manager Eoghan Flanagan, has been closed down by HMRC.
A tax avoidance scheme used by celebrities and fund managers, including one-time Radio 1 DJ Chris Moyles and former Liontrust fund manager Eoghan Flanagan, has been closed down by HMRC.
A tax avoidance scheme used by celebrities and fund managers, including one-time Radio 1 DJ Chris Moyles and former Liontrust fund manager Eoghan Flanagan, has been closed down by HMRC.
We have had very little exposure to India since we launched the Asia Income Fund and still believe we can find better equity exposure within the region, writes Mark Williams, co-manager of the Asia Income Fund.
Australian-listed platform business Praemium is to offer its first discretionary management service to UK and international clients, hiring Rebecca Murphy from North Investment Partners to build the new proposition.
Chief executive John Ions continues his canny expansion of Liontrust Asset Management with the acquisition for £1 of multi-asset firm North Investment Partners.
Liontrust continued its trend of superior business results, with its latest half-year trading statement showing assets under management up by close to £400m.
Liontrust recorded inflows of £302m in Q2, a threefold increase on the same period last year and marking its 12th consecutive quarter of positive net flows.
Liontrust Asset Management doubled its AUM and registered a surge of more than 200% in inflows in the 12 months to end of March 2012.
A distinct difference in the investment environment this year compared to last is that there seems to be some clarity in the equity market, with stock pickers coming to the fore.
Liontrust will cease rebate payments on its UK Smaller Companies Fund from May, following the launch of a clean fee institutional share class in January.