Liontrust Asset Management grew its assets under management (AUM) by 48 percent over the six months from 31 March 2017 (£6.5 billion) to 30 September 2017 (£9.6 billion).
Meanwhile, the independent fund management group reported net inflows of £156 million in the three months ended 30 September 2017, and a total of £178 million for the six months ended 30 September 2017.
Chief executive of Liontrust Asset Management, John Ions, commented: “In the six months since we completed the acquisition of Alliance Trust Investments (ATI), its assets have grown by more than 10 percent to £2.8 billion. The team has integrated extremely well and, with impressive performance over a long period, it is well placed to benefit from the increasing demand for sustainable investment.
“The recent hiring of David Roberts and Phil Milburn from Kames Capital, who will join in January, further diversifies our fund manager capability. They have a successful track record of managing a range of fixed income funds and have a strong following among investors in the UK and Continental Europe.”
Mr Ions concluded: “Asset managers have some key decisions to make over the next year that will determine the shape and success of their businesses in the future. While making these decisions, it is imperative to have a clear vision and focus of what your clients want going forward. Like our investors, we have a long-term goal and are mindful that getting caught up in the short-term noise must not distract us from this.”