Liontrust half-year inflows soar to £723m as sustainable funds gain traction; Chairman to retire

Inflows up from £178m for same period last year

Liontrust Asset Management has seen net inflows rise to £723m in the six months to 30 September, up from £178m during the same period in 2017, as it has seen "significantly higher demand" for sustainable funds acquired from Alliance Trust.

In its half-yearly results for the six months to 30 September, the firm said it had exprienced a "strong performance given the environment of investor, economic and political uncertainty". The flows have been driven by demand for retail (£707m), multi-asset solutions (£61m) and offshore funds (£89m), while institutional products suffered outflows of £134m during the period. The strong inflows have led assets under management to rise from £10.4bn at the start of April to £12bn at the end of September; though they dipped slightly to £11.5bn as of 19 November.  The largest sector is t...