Liontrust (LIO) Trading Update summary

Financial performance and flows

• Net outflows reached £1.1 billion for the quarter, compared to £0.9 billion in the prior year period.

• Assets under management and advice (AuMA) stood at £22.6 billion as of 30 June 2025, remaining stable over the period.

• Institutional clients led a shift towards actively managed funds, with increased geographic diversification.

• Market and investment performance contributed £1.1 billion, offsetting net outflows.

Fund performance and rankings

• 73% of funds ranked in the first or second quartile since inception as of 30 June 2025.

• Several key funds, such as Special Situations and UK Growth, maintained top quartile rankings since inception.

• Sustainable Future and Global Innovation funds showed mixed quartile rankings across timeframes.

• Irish domiciled funds also displayed a range of quartile rankings, with some achieving consistent top performance.

Strategic initiatives and outlook

• Progress continues on four strategic objectives, including expanding institutional and international distribution and broadening the fund range.

• Management anticipates a more favorable environment for active management as investors seek alpha beyond traditional markets.

• No profit forecast or future performance guidance was provided; forward-looking statements are subject to risk and uncertainty.