'Strong momentum' boosts Liontrust AUM 28% in 2020

£777m inflows in the past three months

Liontrust Asset Management saw a 28% increase in assets under management and advice since the start of the financial year, with total assets now at £20.6bn.

The firm experienced £777m of net inflows over the past three months to the end of September alone, and £1.7bn over the last six months, according to a market update this morning (7 October).  The proposed acquisition of Architas's multi-manager business, which was announced on 1 July 2020, will add a further £5.8bn to assets under management and advice, taking total assets to above £26bn when it is expected to complete at the end of the month. John Ions, CEO of Liontrust, said the fact the business's "strong momentum" has continued through the Covid-19 crisis is "testament to our fun...