Liontrust (LIO) Q2 2027 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2027 TU earnings summary
21 Oct, 2026Executive summary
Continued business diversification and distribution development, with a focus on converting UK and international flow opportunities into sustainable organic growth.
Financial highlights
AuMA was £24,058m at 30 Sep 2026, versus £24,255m at 1 Jul 2026; net outflows were £459m and market and investment performance contributed £262m.
Net outflows of £459m compared with £1,235m in the three months to 30 Sep 2025.
AuMA was £24.0bn at 16 Oct 2026.
Outlook and guidance
Proposed Hawksmoor acquisition is expected to complete by end-Dec 2026 and add ~£1.9bn of AuMA.
Focus remains on converting potential flow pipelines in the UK and internationally into sustainable organic growth.
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Latest events from Liontrust
- AuMA reached £24.3bn, driven by River Global acquisition and improved net outflows.LIO
Q1 2027 TU - AuMA fell to £21.4bn and profit declined, but diversification and River Global integration support growth.LIO
H2 2026 - AUMA rose to £20.8bn, with new mandates and RGH acquisition fueling growth prospects.LIO
Q4 2026 TU - Acquisition adds investment talent, broadens clients, and delivers material EPS accretion.LIO
Acquisition presentation - Net outflows narrowed, AuMA reached £21.5bn, and institutional inflows improved on new mandates.LIO
Q3 2026 TU - Adjusted PBT fell to £15.7m, AuMA down 17%, but buyback and mandates support outlook.LIO
H1 2026 - Adjusted profit fell 28% amid £4.9bn net outflows; the 72p dividend was maintained.LIO
H2 2025 - £2.1bn net outflows and lower profit; dividend maintained as transformation targets £4.5m savings.LIO
H1 2025 - AuMA and earnings fell, but the 72p dividend and strong capital position held.LIO
H2 2024