Liontrust Asset Management quarterly assets rise 5% as net inflows grow

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Fund management group Liontrust Asset Management reported an increase in assets under management and advice in the March quarter thanks to a rise in net inflows.

Assets under management and advice were £30.9 billion as at 31 March 2021, an increase of 5% over the quarter and 92% since 31 March 2020.

Net inflows of £1 billion were seen in the quarter, taking net inflows for the year to £3.5 billion and the AuMA to £30.9 billion, which was 'just shy of double the £16.1 billion on 31 March 2020,' the company said.

At 8:55am: (LON:LIO) Liontrust Asset Management PLC share price was 0p at 1345p