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Liontrust assets under management jump 15%

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Liontrust has reported a 15 per cent increase in assets under management in the past 12 months.

In its latest trading statement, Liontrust has reported that assets increased from £1.34bn on March 31, 2011, to £1.55bn on March 27, 2012.

Liontrust has reported £72m of net positive inflows in the last quarter and £146m on inflows in the financial year to March 27, 2012.

The retail market has accounted for £106m of the firm’s flows in the past 12 months, with five of its six funds producing top quartile performance in that time, according to figures from Financial Express.

Liontrust has also been busy on the acquisition front in the past 12 months having completed its acquisition of Occam Asset Management in October 2011. Liontrust also announced the acquisition of Walker Crips earlier this month as it continues to boost its UK presence.

Liontrust chief executive John Ions says: “We have made good progress during the financial year. The group generated positive fund flows in every quarter, which has led to a second successive financial year of net positive flows and Liontrust’s assets under management.

“Given the excellent fund performance across our UK and European products and the momentum we have generated on the distribution side of the business, we are focusing on the opportunities to drive strong sales in all our core products. This is evidenced by our increasing market share with fund distributors.”

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