Liontrust Asset Management (GB:LIO) has released an update.
Liontrust Asset Management PLC experienced £1.2 billion in net outflows during the last quarter, with total assets under management and advice slightly increasing to £27.8 billion as of March 31, 2024. Despite a challenging 18 months, the company is optimistic due to improving investment performance, and has seen substantial flows into its European Dynamic Fund, which doubled to over £1.4 billion in a year. Liontrust is also advancing its strategic objectives, such as expanding its product range and global distribution, and has strengthened its leadership team in anticipation of future growth.
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