Liontrust maintains momentum with £93m inflows

Liontrust has chalked up its eighth successive quarter of net inflows for the three months to 30 June 2012 as it builds on its acquisition of Walker Crips.

Reporting its interim results, the asset manager revealed net inflows of £93m for the period, with an additional £39m of inflows between 1 July and 17 July. With the acquisition of Walker Crips having swelled assets from £1.5bn to £2.1bn following completion on 12 April, AUM has since risen to £2.2bn as of 17 July. Chief executive John Ions (pictured) said the group is well placed to continue to build on recent strength, having enhanced its distribution capabilities as well as the fund management range. "We have maintained the momentum the past two years, having now recorded eight ...