Liontrust sees first quarterly net inflow in two years

Liontrust has experienced its first quarter of net inflows for more than two years in Q3, after taking in a net £6.3m.

The group has consistently seen assets leave the group from Q2 of 2008, which was exacerbated by the sudden departure of star managers Jeremy Lang and William Pattisson last year. From 1 July to 28 September, the group saw a more than £55m come into its products, with redemptions of about £49m. The retail channel experienced a net inflow of £2m, on gross flows of £35m. "The fact we achieved net positive sales in the third calendar quarter is tangible evidence of the stabilisation of the business and recognition by the market of the excellent fund performance across our range of funds,...