Liontrust sees AUM rise 7.1% in Q4 despite weaker inflows

Two launches planned for Q1 2016

Liontrust's assets under management have risen to £4.7bn in Q4 2015, despite a significant slowdown in inflows year-on-year.

Net inflows for the three month period ending 31 December 2015 were just £53m, compared to £424m for the same period the previous year, the firm reported. However, it noted the 2014 figure included £315m of institutional net inflows from a single client. For the financial year to the end of December, inflows were £163m compared to £708m for the same period the previous year, again driven by the institutional client. Despite this slowdown, the firm reported a 7.1% increase in its assets under management between 1 October and 31 December, from £4.4bn to £4.7bn. Liontrust profits up 1...