Liontrust’s net inflows in the first quarter of 2017 doubled that on the same period last year, at £200m compared to £92m in Q1 2016.
The UK retail arm attracted £236m in net inflows while the institutional arm saw £88m in outflows over the period.
For the financial year to 31 March net inflows were £482m, compared to £255m the previous year.
Assets under Management increased by £1.7bn or 36 per cent over the financial year to £6.5bn, up from the £4.8bn at 31 March 2016. The acquisition of Alliance Trust Investments, which completed at the start of April, added £2.5bn to AUM, pushing it up to £9.1bn.
Chief executive John Ions says: “It has been a successful year with a number of notable achievements. The addition of new fund management teams has broadened and strengthened the Liontrust client proposition. Gross sales of over £2bn in the financial year demonstrate our distribution capability through a challenging period.”
He adds: “The development of the company over the last few years, both in terms of infrastructure and client proposition, and our clear, focused business enables us to start the new financial year with confidence that we will continue the success achieved so far. Our confidence is reinforced by the fund performance across a breadth of teams and our fierce commitment to active management.”