LIONTRUST ASSET MANAGEMENT PLC (LIO) — Full Year Results

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the LIONTRUST ASSET MANAGEMENT PLC investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and could be submitted at any time via the q and a tab situated on the right hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand you over to Simon Hildre, Chief Marketing Officer. Good morning, sir. Good morning. Thank you very much for joining the LIONTRUST presentation. This morning, I'm joined by John Irons, CEO Binnie Able, CFO and John Hussleby, Head of Multi Asset Investment. It's just under a week since LIONTRUST released their full year results. John, I just want to start, though, by looking at the last few months. We've seen a reduction in net outflows. Could you talk a little bit about what's driven that and how you've seen the progress of LIONTRUST over the last few months? Yeah. Good morning, everybody. Welcome to the presentation. Looking at the half year, I mean, we said that, you know, our strategy would lead to a better shape of the business and a more diversified client base, and, you know, a positive business pipeline. And that strategy, that progress has been meaningful and deliberate. And you can see it in the results. We have broadened out our distribution which further to, according to 800,000,000 of institutional mandates. And that, you know, has helped the overall flow reduction mix, reduced to a little under 300,000,000 for this quarter. Now, th...