Liontrust increased its retail assets under management (AUM) to more than £3bn and total AUM to over £4bn in the final three months of 2014.
In a trading update for the three months to 31 December, the fund group reported net inflows of £424m for the period. Of that figure, £143m went into retail funds and £315m into institutional products. That brought retail and institutional AUM to over £3bn and £1bn respectively. Total group assets now stand at £4.3bn, up from £3.6bn in March 2014. Total net inflows for the nine months since 1 April 2014, meanwhile, stood at £708m, up from £365m for the corresponding period in 2013. The results follow a sharp year-on-year rise in the group's interim profit, to £3.2m, for the six ...
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