Liontrust Asset Management has reported net inflows of £190 million in the three months to 30 June 2014, a decline of 37% compared to £302 million reported a year ago.
The inflows were spread across its distribution channels, with £100 million flowing into its UK retail proposition, the company said in its interim management statement.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Liontrust’s total assets under management rose to £3.8 billion on 30 June, up from £3.6 billion at the end of March.
The company also said seven out of eight of its actively managed UK retail funds were in the first quartile of their respective sectors.
The company added that all eight have outperformed the average fund in their respective sectors over the same period.
Commenting on the performance, Liontrust CEO John Ions said: "What is particularly pleasing is the improvement in recent fund performance. The benefit of applying distinct and robust investment processes to the management of our funds is shown by shorter term numbers moving more to their long-term trend. This comes after a difficult year in 2013 when quality companies were not rewarded.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData"Our marketing campaign promoting our three equity income funds continues to generate interest among our clients, especially for the Liontrust Macro Equity Income Fund in the highly competitive UK equity income sector.
"Liontrust continues to make good progress. Our strategy, combined with the talent at Liontrust to execute it, puts us in an excellent position to capitalise on the opportunities ahead."
