Liontrust inflows continue with £312m of fund sales

Liontrust Asset Management has reported a £312m net inflow in the last six months, as the group’s positive sales momentum of recent years continued.

The group reported the inflow in results for the period of April 1 to September 24 this year, published this morning.

Of the £312m of net sales, the group saw £146m of retail sales and £178m of sales of its offshore fund range.

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However, only £10m of the inflow was was received in the quarter to September 26.

The inflows have helped to boost Liontrust’s assets under management to £3.4bn, the results said.

“After a strong first quarter, it is particularly pleasing to have weathered the more turbulent second quarter with a small positive net inflow but maintaining strong headline gross sales,” chief executive John Ions said.

Liontrust said that at the end of August seven out of eight of its actively managed UK retail funds were in the first quartile of their respective IMA sectors since launch or manager inception.