Liontrust suffers 5.3% drop in AUM following £1.6bn outflows in Q4 2024

Adopts ‘Sustainability Focus’ label on ten funds

Cristian Angeloni
clock • 3 min read

Liontrust’s assets under management dropped by 5.3% to £24.6bn at the end of December 2024 following “concentrated” outflows.

Net outflows for the fourth quarter stood at £1.6bn, slightly lower than the £1.7bn in the same period in 2023. However, Liontrust noted that as of 9 January, its AUM had seen a small uptick to £24.7bn. Liontrust's Julian Fosh retires after nearly two decades with the firm The firm also provided an update to its business transformation programme - unveiled in November 2024 - which included the reduction of 25 roles. It explained that having reviewed the proposed cost efficiencies the programme could bring, it has identified additional savings and has put forward a "further small...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

AssetCo AUM rises 16% as it cuts annual losses by more than half

AssetCo AUM rises 16% as it cuts annual losses by more than half

£2.8bn AUM in the year to 30 September

clock 06 March 2025 • 2 min read
Schroders profits surge 14% as positive market movements take AUM to £779bn

Schroders profits surge 14% as positive market movements take AUM to £779bn

Firm's strategy also updated

Sorin Dojan
clock 06 March 2025 • 3 min read
Impax AM cuts 10% of staff as AUM falls by £6bn

Impax AM cuts 10% of staff as AUM falls by £6bn

16% drop in AUM

clock 05 March 2025 • 2 min read
Trustpilot