Liontrust Asset Management (LSE:LIO) reported assets under management and advice (AuMA) of £24.3 billion as of 30 June 2026, up from £19.6 billion three months earlier. The increase was driven by stronger market performance and the completion of its acquisition of River Global Holdings. By 17 July, AuMA stood at £24.0 billion, with the enlarged business offering a broader range of sustainable, multi-asset, fixed income and global equity investment strategies for institutional, retail and international clients.
Acquisition strengthens investment platform
Although Liontrust recorded net outflows of £357 million during the quarter, this represented a significant improvement from the £1.1 billion of outflows reported in the same period last year.
Management said recent institutional mandate wins and improving fund flows reflect stronger client engagement and continued progress in expanding the group’s global distribution network.
The acquisition of River Global added approximately £3.0 billion in AuMA and brought eight top-quartile investment funds into the business. Liontrust now has 29 funds ranked in either the first or second quartile over a three-year period, further strengthening its investment offering.
Broader capabilities support future growth
The integration of River Global has also expanded Liontrust’s fixed income expertise and diversified its investment capabilities, positioning the group to meet changing client demand across a wider range of asset classes and investment styles.
Management believes the enlarged platform provides a stronger foundation for long-term growth by combining enhanced product breadth with increased scale and broader distribution opportunities.
Investment outlook
Liontrust continues to benefit from a strong financial position, characterised by low leverage and healthy cash conversion. Technical indicators also remain supportive, with the shares trading above key moving averages and momentum remaining positive.
However, the company’s valuation remains demanding due to a very high price-to-earnings ratio, although this is partially offset by an attractive dividend yield.
About Liontrust Asset Management
Liontrust Asset Management is an independent UK-based active investment manager offering a broad range of investment strategies across sustainable investing, multi-asset portfolios, fixed income, global equities and alternative investments. The company serves institutional investors, retail clients, investment trusts and international markets through a diversified portfolio of actively managed funds.
Following the acquisition of River Global Holdings, Liontrust has expanded its investment capabilities and added several highly rated UK and global equity funds, strengthening its position in the active asset management sector while broadening its reach across domestic and international markets.
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