UK-based Liontrust Asset Management has issued its trading update for the first three months of 2019, with assets under management (AuM) at £12.7 billion (€14.8 billion) at the close of business on 31 March.
This marks an increase of 13% from 31 December 2018, when AuM were at £11.2 billion, as well as 21% throughout their financial year up to 31 March.
Net inflows from 1 January till the end of last month were £581 million, a sharp increase from the same period last year where inflows stood at £255 million.
Inflows throughout the financial year to 31 March were £1.8 billion. “It’s been a successful year for Liontrust,” said the asset manager’s chief executive John Ions (pictured).
“This success comes at a challenging time, with negative retail fund flows across the UK industry as a whole in six of the last seven months up to and including February 2019,” he said.
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