Liontrust assets rise 7% to £4.7bn

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Liontrust Asset Management has seen its assets rise 7.1 per cent in the third quarter of last year, up to £4.7bn.

The asset manager saw net inflows of £53m for the three months ending 31 December. Full year net inflows were £163m.

Liontrust chief executive John Ions says: “We are pleased that we have continued to make progress with the growth in our AuM to £4.7bn and net inflows over both the past three months and the first nine months of our financial year have contributed to this increase.”

The asset manager attracted £50m of inflows from the retail space during the quarter, while the institutional segment saw outflows of £22m. The managed portfolio service saw inflows of £12m.

Ions adds that the asset manager is on track to launch two new funds this year, the GF Global Water and Agriculture Fund and the UK Micro Cap Fund.