Liontrust Asset Management has reported a 61% increase in AUM from £6.5bn to £10.5bn over the 12 months to 31 March alongside net flows of £1bn and revenues of £77m.
In its full-year results for the year to 31 March, John Ions, chief executive said "substantial progress" had been made over the past year, as investors have been particularly interested in its new sustainable investment and global fixed income teams which joined in April 2017 and January 2018 respectively. The firm hired fixed income duo David Roberts and Phil Milburn from Kames Capital plus Donald Phillips from Baillie Gifford while the sustainable investment team joined from Alliance Trust Investments. Ions said: "There have been net inflows of £1bn, the eighth successive year of p...
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