Liontrust Asset Management has reported that its assets under management have doubled to GBP3 billion in the last year, up from GBP1.53 billion in the same period a year ago.
The takeover of Walker Crips in April 2012 by Liontrust is being attributed for providing a sharp rise in inflows, giving the group GBP581 million of assets.
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Liontrust has reported net inflows of GBP233 million in the current quarter, which is over 3.2 times the equivalent to the period in 2012.
Chief executive John Ions said: "A near doubling of our starting year AuM of GBP1.5 billion to GBP3 billion by 25 March 2013 demonstrates the substantial progress made in this financial year.
"While stock markets have made a strong start to 2013, the investment outlook, at best, could be considered challenging. With strong investment processes across all our fund management teams, this focus will enable us to remain constant in our investment stance and not be blown off course by short-term reactions. We believe this is why we have demonstrated such good performance over the long term."
However, Ions cautioned stock markets looked vulnerable at present levels, while regulation was also creating some hurdles.
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By GlobalDataIons also said, "To have recorded 11 successive quarters of net inflows and broken through GBP2.2billion in UK retail AuM is testament to the continual progress the business has made over the last three years."
