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:

http://www.polarcapital.co.uk/Navigate.aspx/Default/1/About-Polar-Capital/Investor-Relations

https://www.liontrust.co.uk/investor-relations

 

ABOUT THE AUTHOR
Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 17 years he has been based in London writing about funds and investments. From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).

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