Liontrust Asset Management (LIO): Net outflows and return to inflows
This situation live
LIO Liontrust Asset Management
20 Nov 2025 · Net outflows continue, inflows delayed · −12% until the next step
The return to net inflows has taken longer than we expected.
14 Jan 2026 · Outflows narrowed but retail outflows persist · +3% until the next step
We have a good potential pipeline and are focused on securing further mandates and returning to positive net inflows for the UK's wholesale and retail markets.
16 Mar 2026 · Acquisition adds AuMA and inflows; core outflows persist · +7% until the next step
The strategic partners are delivering positive net inflows to RGH
22 Apr 2026 · Outflows narrowing; retail outflows persist · +14% until the next step
New institutional mandate wins are expected to result in funding of over £500 million in this quarter.
22 Jul 2026 · Outflows narrowing; retail outflows persist · −13% since
The growing strength of our global distribution, client engagement, marketing reach and brand is reflected in recent mandate wins and improving net flow trends.
Net outflows and return to inflows
Outflows narrowing; retail outflows persist
OCT21
Next: Trading update for three months to 30 September 2026
Every step · 5
- 20 Nov 2025 Net outflows continue, inflows delayed – The return to net inflows has taken longer than we expected. ↗
- 14 Jan 2026 Outflows narrowed but retail outflows persist – We have a good potential pipeline and are focused on securing further mandates and returning to positive net inflows for the UK's wholesale and retail markets. ↗
- 16 Mar 2026 Acquisition adds AuMA and inflows; core outflows persist – The strategic partners are delivering positive net inflows to RGH ↗
- 22 Apr 2026 Outflows narrowing; retail outflows persist – New institutional mandate wins are expected to result in funding of over £500 million in this quarter. ↗
- 22 Jul 2026 Outflows narrowing; retail outflows persist – The growing strength of our global distribution, client engagement, marketing reach and brand is reflected in recent mandate wins and improving net flow trends. ↗
What is happening
Liontrust Asset Management: Net outflows and return to inflows – Outflows narrowing; retail outflows persist. ['Outflows narrowing; retail outflows persist']
- In short
- Net outflows have been narrowing since November 2025, helped by institutional mandate fundings, while UK retail outflows persist. In the three months to 30 June 2026 net outflows fell to £357m from £1.1bn a year earlier. Institutional Accounts took in £447m but UK Retail Funds & MPS lost £822m. Management points to improving flow trends.
- Announced
- 20 Nov 2025 · Net outflows continue, inflows delayed
- Latest
- 22 Jul 2026 · Outflows narrowing; retail outflows persist
- Net outflows
- £357m in three months to 30 June 2026 (prior year £1,089m)
- Institutional flows
- £447m net inflow; £520m gross institutional flows
- UK retail flows
- £822m net outflow in UK Retail Funds & MPS
- AuMA
- £24.3bn at 30 June 2026; £24.0bn at 17 July 2026
- Next milestone
- Trading update for three months to 30 September 2026 on 21 October 2026
What comes next
Trading update for three months to 30 September 2026 (21 Oct 2026).
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