By Iain Gilbert
Date: Wednesday 21 Apr 2021
LONDON (ShareCast) - (Sharecast News) - Fund management group Liontrust Asset Management said on Wednesday that it had recorded net inflows of £1.0bn last quarter and £3.5bn for the 12 months ended 31 March.
Liontrust stated assets under management and advice were £30.9bn on 31 March, an increase of 5% over the quarter and 92% year-on-year, with the group's sustainable investment team assets under management and advice exceeding £10.0bn.
The FTSE 250-listed firm also plans to launch a sustainable investment trust in late June.
The sale of Liontrust's Asia Income investment team reduced assets by £97.0m, but the acquisition of the Architas UK investment business in October added £5.6bn.
Liontrust also highlighted that 17 funds had received a 5-Crown rating from FE fundinfo and 12 had been shortlisted for "Fund Manager of the Year" awards.
Chief executive John Ions said: "Our robust investment and working processes have enabled Liontrust to deliver strong long-term performance, first-class service and reliable administration.
"The last year has proved the strength of the business and processes and that Liontrust is well-positioned to continue our growth."
As of 0935 BST, Liontrust shares were up 0.23% at 1,585.60p.
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Currency | UK Pounds |
Share Price | 654.00p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 866.00 |
52 Week Low | 523.50 |
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Market Cap | £424.68m |
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Strong Buy | 2 |
Buy | 2 |
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