Wealth and Asset Management
Liontrust profits grow 9% despite falling AUM
Liontrust’s adjusted profit before tax grew 9% to £42.9m in the six months to September 2022, despite net outflows continuing to increase, with £2.2bn leaving the firm compared to £2.1bn in net inflows in 2021. Assets under management and advice fell to £31.7bn, a decrease of 5.5% over the financial…
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