Liontrust Asset Management net inflows, AuMA grow in H1
Asset manager Liontrust Asset Management said on Tuesday that both net inflows and assets under management and advice had grown in the six months ended 30 September.
Liontrust stated net inflows for the six months ended 30 September were £2.1bn, up from £1.74bn in 2020, while assets under management and advice increased 15% year-on-year to £35.7bn.
The FTSE 250-listed firm added that the "excellence" of its investment teams and their long-term performance, the "power of the brand", the "strength" of its client relationships and communications, and "robust operations" gave it great confidence that it will continue its growth over the second half of the year.
Liontrust will announce its half-year results on 1 December.
As of 0815 BST, Liontrust shares were up 2.01% at 2,030.0p.