Liontrust net assets grow in H1, led by fund inflows
StockMarketWire.com - Liontrust Asset Management said net assets were boosted in the first half of the year by an increase in net fund inflows.
For the six months ended 30 September 2019, assets under management (AuM) rose to £14.6bn from £12.7bn as at 31 March 2019, with net inflows totalling £1.37bn over the period.
The company said the acquisition of Neptune Investment Management, completed on 1 October 2019, added £2.7bn to assets under management, taking Liontrust's AuM to £17.4bn.
At 9:35am: (LON:LIO) Liontrust Asset Management PLC share price was +12p at 760p
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