Net flows in the period from 1 April to 30 June came to £22mln, compared to £66mln the same period a year ago, according to a year-end trading update.
UK net retail flows in the last three months, however, reached the second highest quarterly amount in more than seven years at £177mln, up from £36mln the prior year.
Assets under management at 30 June were £9.3bn, compared to £4.8mln the same time the previous year and £6.5mln at the end of March.
The company also touched on the Financial Conduct Authority’s recent review into asset managers. The FCA’s report called on sweeping reforms of the £7trn sector that would force fund managers to cut costs and increase transparency.
Liontrust chief executive John Ions said: “We welcome the FCA asset management market study given that the low savings ratio is a problem for the country. As active fund managers, there is a key role for us to play in helping investors meet their financial requirements. The moves to improve transparency, communication and value are steps in the right direction.”
Ions added that he believes the company is in a “strong position” to play a part in helping to alleviate the savings problem in the asset management industry.