Liontrust sees £7m quarterly outflow after 'period of great uncertainty'


Liontrust has reported a £7m net outflow for the three months to 30 June as an uncertain period for investors temporarily pushed down assets under management.

The fund house said AUM stood at £4.46bn at the end of last month, down from £4.5bn as of 31 March. Assets have since risen to £4.55bn as domestic investors welcomed greater political clarity post-general election, the group added. A resultant return of inflows to its UK retail funds saw the segment post £2m in net inflows over the three-month period, offset by £29m in outflows from institutional clients. The firm - the first of the listed UK asset managers to report figures for the past three months - said investors had experienced significant upheaval over the quarter. “We ha...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on UK