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Funds News

BRIEF-Liontrust AM posts 777 mln stg net inflows in Q3

Oct 7 (Reuters) - Liontrust Asset Management PLC:

* LIONTRUST ASSET MGMT - HALF YEAR END TRADING UPDATE

* NET INFLOWS OF £777 MILLION IN THREE MONTHS ENDED 30 SEPTEMBER 2020 AND £1,748 MILLION FOR SIX MONTHS ENDED 30 SEPTEMBER 2020.

* ASSETS UNDER MANAGEMENT AND ADVICE WERE £20.6 BILLION AS AT CLOSE OF BUSINESS ON 30 SEPTEMBER 2020, AN INCREASE OF 28% SINCE START OF CURRENT FINANCIAL YEAR.

* ON 2 OCTOBER 2020, LIONTRUST ANNOUNCED SALE OF ASIA INCOME INVESTMENT TEAM AND CLOSURE OF EUROPEAN INCOME AND MACRO THEMATIC INVESTMENT TEAMS. Source text for Eikon: Further company coverage: (Reporting By Sinead Cruise)

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