Liontrust sees AUM reach £4.7bn

Liontrust sees AUM reach £4.7bn

Liontrust Asset Management recorded a 7 per cent boost to its assets under management in the final quarter of 2015, bringing the total to £4.7bn.

The fund management group enjoyed net inflows of £53m from October 1 to the end of the year, with net inflows for the financial year to December 31 2015 amounting to £163m.

On a year-by-year basis net inflows were significantly down, from £424m for the final quarter of 2014 and £708m for the financial year to December 31 2014 as a whole, though Liontrust attributed these numbers to net inflows from a single institutional client.

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Chief executive John Ions said Liontrust had been growing its brand and client relationships, and pointed to the success of popular funds including the £1.6bn Special Situations and £428m UK Small Companies portfolios.

He said: “Two of our most popular funds delivered strong performance last year and are well placed to continue this year, despite the severe stock market volatility in the first week of 2016.”