Independent fund manager Liontrust Asset Management updated the market on its June quarter on Wednesday, reporting net inflows of £1bn in the three months period.
The FTSE 250 company said assets under management and advice totalled £33.6bn at period end on 30 June, making for an increase of 8.5% over the quarter, while it improved further to £34bn by 12 July.
During the quarter, Liontrust won the ‘Global Group of the Year’ award at Incisive Media’s Fund Manager of the Year Awards, and four of its funds also won category awards, being three ‘Sustainable Future’ funds and the Global Dividend fund managed by Liontrust’s global equity team, the board noted.
“Liontrust has delivered a strong first three months of the financial year with positive net inflows of just over £1bn,” said chief executive officer John Ions.
“The strength of our fund performance, investment processes, sales and marketing, and the brand has been recognised with Liontrust being voted Group of the Year at Incisive Media’s prestigious Fund Manager of the Year Awards.
“The global group award is an endorsement of active fund management and our trust in sustainable investment.”
At 0818 BST, shares in Liontrust Asset Management were up 0.78% at 1,965.2p.
