26th Sep 2005 09:27
Monday 26th September 2005 Liontrust Asset Management PLC Pre-Close Trading Statement On September 21st 2005 funds under management stood at ‚£4.428 billion, amarginal increase from the ‚£4.403 billion at the company's year end of 31stMarch 2005. The FTSE All-Share index has risen by 10.6% over the same period.*A net ‚£241 million of pension fund assets were withdrawn in the same periodwith a further ‚£18 million due to leave by the end of October. We havemaintained a healthy level of gross sales in our unit trusts although we haveseen net redemptions of ‚£124 million over the same period.In the calendar year to 31st August 2005 the unit trusts based on Large Cap andGrowth styles were up by 11.5% and 12.7% respectively. The unit trusts based onthe Value and Small Cap processes were up by 8.9% and 14.5% respectively on atotal return basis. And over the same period the FTSE All-Share (total return)was up by 13.2% and the FTSE Small Cap (ex IT) was up by 13.1%.*We expect to make an announcement before mid-October 2005 providing financialinformation on the impact of our transition from UK Generally AcceptedAccounting Principles (UK GAAP) basis to an International Financial ReportingStandards (IFRS) basis. When we make this announcement we will provide anupdate on the timing of the announcement of our interim results for the periodending 30th September 2005. We currently expect to announce our interim resultsas usual by the end of October 2005.For further information please contact:Liontrust Asset Management PLC Nigel Legge 020 7412 1700JP Morgan Cazenove Richard Locke 020 7155 4706* Source: Lipper.ENDLIONTRUST ASSET MANAGEMENT PLCRelated Shares:
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