Liontrust sees inflows rise by 5% but AUM growth slows

Net inflows reached £832m in Q4

Liontrust Asset Management reported that its net inflows for the last quarter were £832m, up 5% from the same time period 2020.

Meanwhile, strong investment performance over the quarter led to a further £748m uptick in assets, meaning AUMA increased by 4% from £35.7bn to £37.2bn over the quarter.  Over the last three quarters in aggregate, AUMA has increased from £30.9bn, marking a nine-month rise of 20.4% The proposed acquisition of Majedie was announced last month and will add £5.8bn of AUMA, according to Liontrust. The deal is planned to be completed in April subject to regulatory approval and has been met with mixed reactions by industry commentators. John Ions, chief executive of Liontrust, commented: ...