Liontrust Asset Management, a fund manager based in the UK, has said that its assets under management (AuM) at the end of 30 June 2019 was £14.1bn.
The figure marks an increase of 11% compared to £12.7bn as at 31 March 2019.
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Net inflows for the period was £725m, versus £320m a year ago.
The firm’s Economic Advantage range was the biggest contributor to AuM, delivering £6.92bn.
Sustainable Investment contributed £4.27bn while Multi-Asset accounted for £899m. On the other hand, Global Fixed Income offered £555m.
Commenting on the performance, Liontrust CEO John Ions said: “This has been achieved through strong long-term investment performance, the quality of Liontrust’s sales and marketing, the increasing breadth of our client base and the robust infrastructure of the business.
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By GlobalData“The level of net inflows also demonstrates the continued attraction of actively managed funds which can demonstrate rigorous and repeatable investment processes.
“We are well positioned to sustain the Company’s growth trajectory and will accomplish this by maintaining focus on our business strategy, ensuring we continually meet client and investor expectations and through the excellence of our fund management, sales, marketing and administration teams.”
For the year ended 31 March 2019, Liontrust reported a pretax profit of £19m and generated £85m in revenue.
