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Highlights

  • Investec Bank (UK) Plc and Panmure Liberum maintain Buy ratings on Liontrust Asset Management Plc with price targets of AUD 11.45 and AUD 10.20, indicating potential upside of 72.35% and 53.61%, respectively.
  • Liontrust reported net outflows of £1.2 billion for the September quarter, with assets under management and advice at £22.0 billion.
  • The company continues to expand its international client base.

Analysts at Investec Bank (UK) Plc and Panmure Liberum reaffirmed Buy recommendations on Liontrust Asset Management Plc (LSE:LIO). Investec set a price target of AUD 11.45 per share, while Panmure Liberum placed its target at AUD 10.20 per share, implying respective potential price increases of 72.35% and 53.61% from current levels.

In the three months ended 30 September 2025, the specialist independent fund manager reported net outflows of £1.2 billion during the period, compared with £1.1 billion a year earlier.

As of 30 September 2025, the company’s assets under management and advice (AuMA) stood at £22.0 billion, down 2.7% YoY. AuMA as of 3 October 2025 improved slightly to £22.2 billion, reflecting modest recovery in market valuations.

Market Dynamics and Active Management

Liontrust highlighted ongoing concentration within global equity markets, particularly around the so-called “Magnificent Seven” mega-cap technology stocks, which continue to exert significant influence on the S&P 500.

Given these conditions, Liontrust emphasised the growing importance of geographical diversification and stock selection beyond the largest global companies. The company expects a broader spread of returns across markets in the coming period, highlighting the continuing relevance of active management for its clients.

Expanding Global Reach

Liontrust reported progress in broadening its distribution channels both in the UK and internationally. Increased client engagement and a growing pipeline of potential inflows have been observed. The company now serves clients across Australia, South America, the Middle East and South Africa, alongside its established presence in the UK and Europe.

The firm stated that heightened interest in its European and global equity strategies reflects the appeal of its disciplined, repeatable investment processes and long-term performance record.

Outlook and Upcoming Results

Liontrust reaffirmed its commitment to maintaining a consistent investment approach and expanding its international footprint. The company believes that the combination of active management, broadening distribution, and brand strength positions it well for future growth.