Liontrust adds £1.4bn of net inflows in six months
Neptune acquisition takes AUM to £17.4bn
Liontrust Asset Management saw net inflows of almost £1.4bn in the six months to 30 September, the firm said in a short trading statement on Wednesday (9 October).
Liontrust's assets under management (AUM) increased to £14.6bn by the end of its half-year period, from £12.7bn on 31 March. The recent acquisition of Neptune Investment Management, now known as the Liontrust Global Equity team, took AUM to £17.4bn as at 1 November.
Liontrust completes Neptune acquisition
John Ions, CEO of Liontrust, said its £3.1bn of net inflows over the past 18 months "demonstrate the attraction of rigorous investment processes, strong long-term fund performance, a high-profile brand and the effectiveness of our sales and marketing".
"The net inflows have been achieved at a time of uncertainty for retail investors in the UK," he added.
"Liontrust has continued to grow in this environment because of the quality of the investment teams and our more diversified proposition, with flows into equity, fixed income, sustainable and multi-asset portfolios that meet ever more demanding client requirements."
Ions also noted the addition of Robin Geffen's global equity team further broadens Liontrust's investment capability. "We have been impressed by the quality of the team, and they bring an excellent range of funds with strong long-term performance," he continued.
"Liontrust provides the team with an environment that will enable them to concentrate on delivering returns and meeting the expectations of clients and investors.
"Our business has moved forward strongly over the last few years and is well positioned to continue this growth with an excellent investment proposition and our continued focus on client service."
