Liontrust has delivered yet another record quarter with £1.1bn net inflows, besting the prior record in Q1 (+£1bn). This has driven AuM to £35.7bn (+6% qoq), alongside positive performance – ahead of our £34.5bn Q2e. Economic Advantage (“EA”) and Sustainable Investment lead the way, with EA through £10bn now. We have reason for optimism in MultiAsset with a face-to-face roadshow in progress. We upgrade EPS by +3% in FY22e which annualises to +4-5% in outer years. We note that Liontrust has derat ....
12 Oct 2021
Another billion: record flows, AuM breaks £35bn
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Another billion: record flows, AuM breaks £35bn
Liontrust Asset Management PLC (LIO:LON) | 656 3.3 0.1% | Mkt Cap: 426.0m
- Published:
12 Oct 2021 -
Author:
Andrew Watson | James Bayliss -
Pages:
3
Liontrust has delivered yet another record quarter with £1.1bn net inflows, besting the prior record in Q1 (+£1bn). This has driven AuM to £35.7bn (+6% qoq), alongside positive performance – ahead of our £34.5bn Q2e. Economic Advantage (“EA”) and Sustainable Investment lead the way, with EA through £10bn now. We have reason for optimism in MultiAsset with a face-to-face roadshow in progress. We upgrade EPS by +3% in FY22e which annualises to +4-5% in outer years. We note that Liontrust has derat ....