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Liontrust breaks £30bn AuM mark

John Ions newUK-based fund manager Liontrust has reported a 43% increase in assets under management over the last quarter, pushing its AuM over the £30 billion (€33.6 billion) mark.

The Q3 trading update to December 31, 2020, states there were net inflows of £792 million during the quarter and £2.54 billion in the last nine months.

The boost in AuM was helped by the acquisition of UK fund manager Architas which added £5.6 billion of assets when the deal was completed in late October. The acquisition was designed to give Liontrust greater access to the UK’s financial adviser market and also bolster its multi-asset fund capability

In addition, Liontrust also announced the sale of its Asia income investment team and the closure of its European income and macro thematic investment teams in October.

Sustainable investment also accounts for the largest share of the firm’s assets, accounting for £9.3 billion of the £29.4 billion as of December 31, the firm said.

“I am incredibly proud of how the whole company continues to operate successfully, achieving our strategic objectives through the global pandemic,” said Liontrust chief executive John Ions (pictured).

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