Liontrust Asset Management (LIO)

Sector:

Financials

Index:

FTSE Small Cap

758.00p
   
  • Change Today:
    -16.00p
  • 52 Week High: 855.00p
  • 52 Week Low: 523.50p
  • Currency: UK Pounds
  • Shares Issued: 64.94m
  • Volume: 57,607
  • Market Cap: £492.21m
  • RiskGrade: 183

Liontrust sees annual outflows top £6bn

By Abigail Townsend

Date: Wednesday 17 Apr 2024

LONDON (ShareCast) - (Sharecast News) - Liontrust Asset Management reported annual outflows of more than £6bn on Wednesday, but struck an upbeat tone for the coming year.
Updating on end-of-year trading, the firm said closing assets under management and administration (AUMA) were £27.8bn as at 31 March - down from £31.4bn a year previously - following £6.1bn of net flows.

That compares to net flows of £4.8bn in the 2023 financial year.

In the fourth quarter, net flows were £1.2bn but AUMA held steady compared to the previous quarter, after a £1.2bn marketing and investment performance gain.

Liontrust said that many of its core investment strategies, notably quality growth, small/mid caps and UK equities, had been "out of favour", hitting both performance and flows. AUMA were £27.6bn as at 12 April.

However, it struck a more upbeat tone looking forward.

Chief executive Jon Ions said: "We start the new financial year with confidence to drive the business forward after the challenges of the last 18 months.

"Liontrust has improving investment performance in the short term, as well as excellent performance over the long term, and it appears the UK and other developed economies have reached peak interest rates.

"As market sentiment changes, Liontrust is well positioned to benefit."

Ions also flagged the Aim-listed firm's expansion plans, noting: "Liontrust has a strong brand in the UK and is seeking to build the same profile internationally."

As at 1000 BST, shares in Liontrust were had sparked 6% at 675.8p.

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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 758.00p
Change Today -16.00p
% Change -2.07 %
52 Week High 855.00p
52 Week Low 523.50p
Volume 57,607
Shares Issued 64.94m
Market Cap £492.21m
RiskGrade 183

LIO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
57.97% above the market average57.97% above the market average57.97% above the market average57.97% above the market average57.97% above the market average
37.04% above the sector average37.04% above the sector average37.04% above the sector average37.04% above the sector average37.04% above the sector average
Price Trend
27.64% above the market average27.64% above the market average27.64% above the market average27.64% above the market average27.64% above the market average
20.69% above the sector average20.69% above the sector average20.69% above the sector average20.69% above the sector average20.69% above the sector average
Income
88.16% above the market average88.16% above the market average88.16% above the market average88.16% above the market average88.16% above the market average
79.10% above the sector average79.10% above the sector average79.10% above the sector average79.10% above the sector average79.10% above the sector average
Growth
84.42% above the market average84.42% above the market average84.42% above the market average84.42% above the market average84.42% above the market average
83.49% above the sector average83.49% above the sector average83.49% above the sector average83.49% above the sector average83.49% 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
  1st Interim 2nd Interim
Ex-Div 23-Nov-23 29-Jun-23
Paid 05-Jan-24 04-Aug-23
Amount 22.00p 50.00p

Trades for 13-Jun-2024

Time Volume / Share Price
12:18 11 @ 758.00p
12:11 16,500 @ 759.68p
12:10 280 @ 759.00p
12:10 210 @ 760.00p
12:10 268 @ 760.00p

LIO Key Personnel

CEO John Stephen Ions

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