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Miton Group's momentum continues

Small cap evangelist Miton saw a net inflow of £463mln in funds under management last year.
Miton Group's momentum continues
The audited results are expected to be issued on 21 March 2016

Small cap specialist fund manager Miton Group (LON:MTG) had a storming 2015, with net inflows of £463mln.

At the end of the year the company had £2.78bn of assets under management, up from £2.05bn at the beginning of the year and £2.23bn at the halfway point of 2015.

The group ended the year with a cash balance of £14.1mln, up from £13.6mln at the end of June.

The company said adjusted profit before tax for the year just ended is expected to be at least in line with expectations.

The shares were up 5.7% at 28p in late morning trading and are up 50% over the last year.

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Miton Group PLC Timeline

January 14 2016

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