Fund Management
Liontrust Net Inflows Take A Tumble
London-headquartered Liontrust Asset Management - a independent fund manager - has recorded a significant fall in net inflows thanks to a lack of high profile fund launches.
London-headquartered Liontrust
Asset Management - an independent fund manager - has recorded
a significant fall in net inflows due to a lack of high profile
fund launches.
Inflows for the period 1 April to 30 June this year were £190 million ($325.4 million), a significant 37 per cent drop from £302 million reported during the same period last year.
Meanwhile assets under management were up - standing at £3.8 billion on 30 June compared with £3.3 billion in 2013.
On the upside the recent fund performance has improved, the firm said.
"The benefit of applying distinct and robust investment processes to the management of our funds is shown by shorter term numbers moving more to their long-term trend. This comes after a difficult year in 2013 when quality companies were not rewarded," John Ions, chief executive at the firm, said.
Inflows for the period 1 April to 30 June this year were £190 million ($325.4 million), a significant 37 per cent drop from £302 million reported during the same period last year.
Meanwhile assets under management were up - standing at £3.8 billion on 30 June compared with £3.3 billion in 2013.
On the upside the recent fund performance has improved, the firm said.
"The benefit of applying distinct and robust investment processes to the management of our funds is shown by shorter term numbers moving more to their long-term trend. This comes after a difficult year in 2013 when quality companies were not rewarded," John Ions, chief executive at the firm, said.
