Liontrust Asset Management has reported a 55% increase in profit before tax as well as record net inflows in the year to 31 March 2019, in what has been a trying 12 months for the active asset management industry.
In results released this morning (27 June), the group reported profit before tax of £19m, compared to £12.3m in 2018, which includes costs of £11.1m, while adjusted profit before tax stood at £30.1m, up...
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