Liontrust adds £1.4bn of net inflows in six months

Neptune acquisition takes AUM to £17.4bn

Liontrust Asset Management saw net inflows of almost £1.4bn in the six months to 30 September, the firm said in a short trading statement on Wednesday (9 October).

Liontrust's assets under management (AUM) increased to £14.6bn by the end of its half-year period, from £12.7bn on 31 March. The recent acquisition of Neptune Investment Management, now known as the Liontrust Global Equity team, took AUM to £17.4bn as at 1 November. Liontrust completes Neptune acquisition John Ions, CEO of Liontrust, said its £3.1bn of net inflows over the past 18 months "demonstrate the attraction of rigorous investment processes, strong long-term fund performance, a high-profile brand and the effectiveness of our sales and marketing". "The net inflows have been a...