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Liontrust adds £723m as it diversifies asset base

Liontrust adds £723m as it diversifies asset base

Assets under management at Liontrust climbed 15% over the three months to the end of September to reach a high of £12 billion on new client commitments of £723 million.

The business also reported that it had widened its sales base from the block-busting appeal of Citywire AAA-rated Anthony Cross and Julian Fosh’s equity strategies, with the bond team of David Roberts, Phil Milburn and Donald Philips attracting assets since joining from Kames a year ago.    

Since joining from Alliance Trust in early 2017 the ethical team has also increased its assets from £2.5 billion to £3.4 billion, as the sector enjoyed a broad uptick in investor interest.

Liontrust chief executive John Ions said: ‘This has been another strong six months of sales with net inflows of £723 million over this period and £403 million over the past three months alone

‘We are beginning to see a long anticipated increase in volatility in global bond markets and both our GFI and Sustainable Fixed Income teams are well positioned to manage our investors' money in this environment.’

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Anthony Cross
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13/165 in Equity - UK (All Companies) (Performance over 3 years) Average Total Return: 40.7%
Julian Fosh
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9/40 in Bonds - US Dollar (Performance over 1 year) Average Total Return: 3.92%
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