Liontrust posted its best quarter for inflows in a decade during the three months to the end of March, according to its full-year results, released today.
In its results to 31 March 2014, the firm said inflows into its UK retail funds were £293m for the full year, including £160m in the last quarter, the best quarter for ten years. Total net infows including subscriptions into offshore and institutional products were £381m, which includes the acquisition of North Investment Partners, but this was down from £514m for 2012-13. Total AUM increased by £574m to £3.6bn over the year, the group said. Liontrust said five of its six fund management teams saw asset growth over the reporting period, while its Global Credit offering suffered the...
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