Liontrust Asset Management has posted a pretax profit of £19m for the year ended 31 March 2019.

The figure is a 55% jump compared to last year’s profit of £12.3m.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Adjusted pre-tax profit increased 10% to £30.1m from £27.4m.

Revenue also soared, rising 10% to £85m from £77m.

The firm’s assets under management totalled £12.7bn at the end of March 2019, a 21% surge from £10.5bn in the previous year.

Net inflows were £1.8bn during the period, versus £1bn last year.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The firm announced a total dividend of 27 pence for the period, up 29% from 21 pence last year.

Liontrust CEO John Ions said: “This success has been achieved by our continued focus on executing our business plan. Over the past nine years, we have built an impressive group of investment teams, a great distribution franchise and a strong and distinctive brand.

“Liontrust had the 7th highest total net sales (including non-UK domiciled funds) in the UK in 2018 and the 5th highest in the first three months of 2019, according to the Pridham Report. The record flows have been achieved across a broad range of funds.

“The Sustainable Investment team, who joined Liontrust on 1 April 2017, has reached £3.74 billion in AuM, the Global Fixed Income team has raised £419 million in less than a year and the Economic Advantage team continues to produce impressive results.”