Liontrust sees first quarterly net inflow in two years

clock

Liontrust has experienced its first quarter of net inflows for more than two years in Q3, after taking in a net £6.3m.

The group has consistently seen assets leave the group from Q2 of 2008, which was exacerbated by the sudden departure of star managers Jeremy Lang and William Pattisson last year. From 1 July to 28 September, the group saw a more than £55m come into its products, with redemptions of about £49m. The retail channel experienced a net inflow of £2m, on gross flows of £35m. "The fact we achieved net positive sales in the third calendar quarter is tangible evidence of the stabilisation of the business and recognition by the market of the excellent fund performance across our range of funds,...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers have opportunity to deepen private market engagement

Advisers have opportunity to deepen private market engagement

Most client allocations to private markets are either 5%-10% or 1%-5%

Isabel Baxter
clock 18 November 2024 • 2 min read
Royal London cuts number of governed range portfolios

Royal London cuts number of governed range portfolios

Renaming remaining portfolios to reflect level of investment risk

Jenna Brown
clock 18 November 2024 • 1 min read
AJ Bell cuts fees across multi-asset income range

AJ Bell cuts fees across multi-asset income range

£1.5bn of inflows this year

Beth Brearley
clock 14 November 2024 • 1 min read