Liontrust (LIO) Q3 2026 TU earnings summary

Executive summary

• Net outflows of £1.0 billion for the quarter ended 31 December 2025, an improvement from £1.6 billion in the prior year period.

• Assets under management and advice (AuMA) stood at £21.5 billion at 31 December 2025, rising to £21.7 billion by 10 January 2026.

• Two new institutional mandate wins contributed £330 million in net inflows for the period.

• Strong brand reputation, ranked 4th by UK advisers and 8th by wealth managers.

• Broad investment capability with first quartile performance in global equity, fixed income, and multi-asset funds over one and three years.

Financial highlights

• Net outflows for the period were £1,024 million, compared to £1,553 million in the same period last year.

• Institutional net inflows of £330 million offset by retail and other outflows.

• Market and investment performance contributed £471 million to AuMA during the period.

Outlook and guidance

• Focused on securing further mandates and returning to positive net inflows in the UK wholesale and retail markets.

• Confidence in business outlook reflected in ongoing investment and share buybacks.