Liontrust suffers £1.6bn outflows in three months

£2.2bn of outflows in six months

Liontrust has seen £1.6bn of net outflows in the three months till the end of September, bringing its assets under management and advice to £31.7bn.

In a trading report published today (19 October) Liontrust revealed that its market and investment performance during the period led to a £905m decline in AuMA during the period. The company's AuMA was down 5.5% over the financial year, which runs to the end of March.  It has dropped further since the start of the month, hitting £31.2bn on 14 October, the company reported. Global equity funds at the firm saw a steep decline in AuMA, dropping from £2.4bn at the end of June to £1.2bn at the end of September. UK inflation rises to 10.1% in September Liontrust's top three investment...