Liontrust Asset Management PLC
21 March 2006
21 March 2006
Liontrust Asset Management PLC
Pre-Close Trading Statement
On 20 March 2006 funds under management stood at £5.08 billion, an increase of
15% from the £4.40 billion at the company's year end of 31 March 2005. A net
£268 million of pension fund assets were withdrawn in the financial year to date
of which £242 million were withdrawn in the first half. We have maintained a
healthy level of gross sales in our unit trusts, averaging £26 million per
month. In the financial year to date net redemptions in our unit trusts amounted
to £136 million and stood at £137 million at the end of the first half.
James Inglis-Jones and Gary West the two new Fund Managers recruited to develop
a European equities investment process started at Liontrust on 1 March 2006.
The preliminary announcements of the group's results of the year ended 31 March
2006 will be released towards end of May 2006.
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For further information please contact:
Liontrust Asset Management PLC Nigel Legge 020 7412 1700
Vinay Abrol 020 7412 1700
JP Morgan Cazenove Richard Locke 020 7155 4706
END.
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