Polar Capital, Liontrust report positive quarterly flows
Polar Capital has reported net inflows of £694m in the quarter ended 30 June, while Liontrust has reported net inflows of £320m over the same period, reports from both managers outline.
Polar Capital said that its AUM overall hit £13.6bn, up some 13% from the end of the previous quarter, as net inflows combined with market movements to raise assets by some £1.6bn.
For Liontrust, total AUM hit £11.4bn. The net inflows of £320m compare with £22m in the same period a year earlier. together with market returns of some £629m, the group saw assets grow by some £949 in the three months to the end of June.
John Ions, CEO of Liontrust, said that launches and sale and marketing efforts were factors behind the rise in assets, and the company “is well positioned to continue to grow”.
Shares in Liontrust, which is listed in London, have remained relatively unchanged at around 685p on the news.
However, Polar Capital shares are down about 2%, to around 678p, as of midday 12 July on the date of the trading update.
For further details see the shareholder information sections of the managers’ websites at: