Liontrust has reported a 352% hike in its pre-tax profit for the first half of 2021, while net inflows were up 19% at £2.1 billion.
According to its half-year report for the six months to September 30, the asset manager’s pre-tax profit was £31.1 million, compared with £6.9 million for the same period in 2020.
The company has announced a first interim dividend per share of 22p.
Liontrust’s assets under management and administration currently stands at £36.5 billion.
“Over the past six months, we have moved from virtual communications to being able to have face-to-face meetings with clients again. This has enabled us to present our multi-asset proposition at physical events for the first time since we acquired the Architas UK Investment Business last year,” said Liontrust chief executive, John Ions.
“We have been holding a Liontrust roadshow, the World Market Review (WMR), around the UK and taken part with three other asset managers in the Multi-Manager Forum this Autumn. So far, with the WMR continuing, we have presented to around 450 advisers.”
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