Liontrust has reported positive Q4 net inflows in the fund range. Fund performance was not entirely immune from volatility but a small negative impact, better than the market, is creditable. Group AuM was in line with our year end forecast. We do not expect to make changes to our FY16e forecasts. The acquisition of Argonaut Capital Partners European Income funds has been announced this morning, expected to bring £298m AuM and be earnings accretive. This further broadens Liontrust’s range and com ....
07 Apr 2016
Q4 AuM in line, acquisition of Argonaut European Income funds
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Q4 AuM in line, acquisition of Argonaut European Income funds
Liontrust Asset Management PLC (LIO:LON) | 689 -34.5 (-0.7%) | Mkt Cap: 447.4m
- Published:
07 Apr 2016 -
Author:
Andrew Watson -
Pages:
3
Liontrust has reported positive Q4 net inflows in the fund range. Fund performance was not entirely immune from volatility but a small negative impact, better than the market, is creditable. Group AuM was in line with our year end forecast. We do not expect to make changes to our FY16e forecasts. The acquisition of Argonaut Capital Partners European Income funds has been announced this morning, expected to bring £298m AuM and be earnings accretive. This further broadens Liontrust’s range and com ....