Liontrust sees AUMA rise 15% in half year

£31.1m profit before tax

At the end of September Liontrust had experienced a 15% rise in assets under management and advice from the start of the year, with AUMA hitting £35.7bn, according to its latest results.

Inflows for the six months were £2.1bn, an increase of 19% from the same period the previous year. Sustainable investment and economic advantage make up the lions share of the AUMA at £13.2bn and £10.1bn respectively. The company said the profit before tax was £31.1m, an increase of 352% from the period in 2020. This took into account acquisitions and "associated restructuring costs" among other elements. The adjusted profit was £43.1m. Liontrust breaks £30bn AUMA as investors remain positive on sustainable offering Liontrust also announced its first interim dividend per sha...