Liontrust's assets under management are to climb above £4bn imminently after the group won a £320m UK equity income mandate.
The group, which has seen positive flows over the past six months of £284m despite the increasing volatility seen in markets, said AUM stood at £3.8bn as of 30 September, up from £3.6bn at the end of March. This figure is to jump above £4bn in the final quarter of the year after the group's pipeline of inflows was given a significant boost from a new segregated mandate. The group's chief executive John Ions (pictured) said: "This has been another successful six months for Liontrust with net inflows of £284m against a difficult background of increasing political and economic uncertaint...
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