Liontrust reports bumper year with 55% profit jump and record inflows

clock • 4 min read

Liontrust Asset Management has reported a 55% increase in profit before tax as well as record net inflows in the year to 31 March 2019, in what has been a trying 12 months for the active asset management industry. In results released this morning (27 June), the group reported profit before tax of £19m, compared to £12.3m in 2018, which includes costs of £11.1m, while adjusted profit before tax stood at £30.1m, up from £27.4m last year. Revenues climbed to £85m, a 10% increase on the £77m r...

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