Liontrust Asset Management (LIO)

Sector:

Financials

Index:

FTSE Small Cap

654.00p
   
  • Change Today:
    -5.00p
  • 52 Week High: 855.00
  • 52 Week Low: 523.50
  • Currency: UK Pounds
  • Shares Issued: 64.94m
  • Volume: 546,769
  • Market Cap: £424.68m
  • RiskGrade: 183

Liontrust Asset Management net outflows continue in Q3

By Iain Gilbert

Date: Wednesday 17 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Fund manager Liontrust Asset Management revealed on Wednesday that outflows had continued during the three months ended 31 December but said it had managed to deliver a small improvement in assets under management.
Net outflows came to £1.7bn for the third quarter of the group's financial year, up from £1.6bn in the previous quarter, while assets under management and advice rose 0.6% to £27.8bn at the end of the period.

However, AuM was back under £27.2bn as of 12 January.

Chief executive John Ions said: "Among the drivers of the net outflows in the last quarter, totaling £1.7bn, were the ongoing negative sentiment among investors and the current challenges facing active asset managers. These challenges include the fact active managers have never been confronted by such a competitive environment to attract and retain assets as is the case now, both from within and outside the sector.

"I look forward to this year with confidence. We are broadening our distribution, driving forward sales and expanding our investment talent to build on our robust investment processes and strong brand."

As of 1125 GMT, Liontrust shares were down 3.89% at 556.0p









Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

LIO Market Data

Currency UK Pounds
Share Price 654.00p
Change Today -5.00p
% Change -0.76 %
52 Week High 855.00
52 Week Low 523.50
Volume 546,769
Shares Issued 64.94m
Market Cap £424.68m
RiskGrade 183

LIO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
55.12% below the market average55.12% below the market average55.12% below the market average55.12% below the market average55.12% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
13.58% below the market average13.58% below the market average13.58% below the market average13.58% below the market average13.58% below the market average
8.62% below the sector average8.62% below the sector average8.62% below the sector average8.62% below the sector average8.62% below the sector average
Income
64.17% above the market average64.17% above the market average64.17% above the market average64.17% above the market average64.17% above the market average
63.08% above the sector average63.08% above the sector average63.08% above the sector average63.08% above the sector average63.08% above the sector average
Growth
4.98% below the market average4.98% below the market average4.98% below the market average4.98% below the market average4.98% below the market average
1.92% above the sector average1.92% above the sector average1.92% above the sector average1.92% above the sector average1.92% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 2
Sell 0
Strong Sell 1
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

LIO Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 04-Jul-24 23-Nov-23
Paid 09-Aug-24 05-Jan-24
Amount 50.00p 22.00p

Trades for 12-Jul-2024

Time Volume / Share Price
16:36 16,416 @ 654.00p
16:36 70,279 @ 655.35p
16:41 22,910 @ 652.20p
16:35 15,000 @ 654.00p
16:35 92,790 @ 654.00p

LIO Key Personnel

CEO John Stephen Ions

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