UK’s Liontrust Asset Management has recorded net inflows of £667m over the fiscal year ended 31 March 2015, a surge of nearly 75% compared with net inflows of £381m a year ago.
The group’s assets under management (AuM) stood at £4.49bn, a jump of 24% compared to £3.61bn at the end of 31 March 2014. At close of business on 20 April 2015, AuM stood at £4.61bn.
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Liontrust CEO John Ions said, "We have enjoyed another successful year, generating net inflows of £667 million and increasing our AuM by 24% to £4.5 billion. Our UK Retail AuM now exceeds £3 billion and our Institutional AuM is more than £1.1 billion."
At the same time, the firm has also unveiled plans to launch a new Dublin-based Global Strategic Equity fund, subject to necessary regulatory approvals.
The firm has appointed three long/short equity managers- Kristof Bulkai, Hugo Rogers, and Patrick Cadell- to head the new fund.
The trio previously managed the long/short ‘directional opportunities’ and ‘water and agriculture’ funds at F&C Asset Management.
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By GlobalDataFurther, the group is set to appoint Victoria Bates as a fund manager in June to bolster its economic advantage team.
Bates will mainly work with Anthony Cross on researching, analysing and selecting small caps for the team’s funds.
