Liontrust Asset Management : Full Year Results presentation

Liontrust Asset Management PLC

Full Year Results

June 2022 | John Ions & Vinay Abrol

For professional investors and advisers only

Contents

1. Highlights of the Financial Year
2. Strategic objectives
3. Investment strength
4. Flows and AuMA
5. Brand
6. Key metrics
7. Financials summary
8. Majedie acquisition
9. Outlook
10. Appendix

1

Highlights of the Financial Year

Highlights

Net inflows

Retail sales

£2.5bn 2nd

12 months to 31 March 20221	2nd highest net retail sales in
	the UK in 20212

PerformanceAwards

99%

Over five years to 31 March 2022, 99% of UK-domiciled funds were in the 1st or 2nd quartile of their respective IA sectors3

Acquisition

Majedie Asset Management

Announced acquisition of in December

2021 and completed 1 April 2022

Website

Enhancing client engagement

1. Includes outflows of £329 million related to the termination of the investment management agreement for the Verbatim Portfolio Growth Funds on 21 March 2022 following the acquisition of the Verbatim Funds by Tatton Asset Management PLC.
2. Pridham Report
3. Financial Express, as at 31.03.22, total return, net of fees, income reinvested. On an AuMA weighted basis. This excludes the Liontrust Multi-Asset Funds, most of which do not have sector benchmarks, and funds in the IA Specialist sector

Past performance is not a guide to future performance. The value of an investment and the income generated from it can fall as well as rise	3
and is not guaranteed. You may get back less than you originally invested. Please refer to the Key Risks slide for more information

Highlights: financials

Financial results demonstrate a profitable and growing business

Gross profit	Profit before tax	Adjusted profit before
							tax*
£231.3m		£79.3m		£96.6m
+41%		+127%		+64%
Gross profit up 41% to £231.3m from	Profit before tax up 127% to	Adjusted profit before tax up 64% to
£163.8m in 2021	£79.3m from £34.9m in 2021	£96.6m from £59.0m for 20211
Adjusted diluted EPS	Total dividend per share
127.63p			72p
+59%					+53%
Adjusted diluted earnings per share up	Total dividend per share up 53% to
59% to 127.63p from 80.14p in 20211	72p from 47p in 2021. Second
						interim dividend 50p

Source: Liontrust Asset Management Plc, June 2022. Each financial year ends 31 March. These are alternative performance measures (APM). Please see Appendix for further detail. 12021 APM restated

4