08:00 Thu 09 Jul 2020
Premier Miton Group - Q3 AuM update
('Premier Miton', 'Group' or the 'Company')
Q3 AuM update
Premier Miton strengthens investment capabilities with key new hires as AuM increases to
· Closing AuM of
Fund manager appointments and new products
Fixed income
· Lloyd Harris appointed as Head of Fixed Income and lead manager of the
· Lloyd joins in
· He will be joined by other members of the Merian fixed income investment team, including co-manager,
· The team managed approximately
· Launch of two new fixed income products planned before the end of the calendar year, subject to regulatory approval.
Global smaller companies
·
· Alan joins in
"I am delighted to welcome Lloyd Harris,
We will continue to grow our business through the addition of new investment talent and by developing our product range where significant client demand is identified.
The Group's AuM saw a recovery of 12% from the position at
The single strategy funds continued to see inflows across several products. Leading this was the European equity investment team with inflows in the Period bringing their AuM to
There was a slowdown in outflows across the multi-asset and fixed income products compared to the previous two quarters. Looking forward we continue to see growth opportunities across our range of both new and established funds."
Assets under Management
|
Opening AuM £m |
Merger3 £m |
Half year net flows4 £m |
Quarter 3 net flows4 £m |
Closure £m |
Year to date net flows £m |
Market / investment performance4 £m |
Closing AuM £m |
Equity funds |
1,312 |
3,406 |
116 |
95 |
- |
211 |
(23) |
4,906 |
Multi-asset funds |
4,423 |
795 |
(325) |
(187) |
- |
(512) |
(325) |
4,381 |
Fixed income funds |
576 |
- |
(180) |
(20) |
- |
(200) |
(11) |
365 |
Investment trusts |
150 |
500 |
- |
(18) |
- |
(18) |
(34) |
598 |
Segregated mandates |
95 |
- |
- |
- |
(96) |
(96) |
1 |
- |
Total |
6,556 |
4,701 |
(389) |
(130) |
(96) |
(615) |
(392) |
10,250 |
|
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1 Fund sizes as at
2 Source: FE Analytics, data to
3 Merger of
4 Includes the former Miton Group plc fund range with effect from close of business on
ENDS
For further information, please contact:
|
01483 306 090
|
|
020 7260 1000
|
|
020 3100 2000 |
|
020 3047 2544 / 07785 275665
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