Premier Miton Reports Growth Amidst Fund Inflows
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Premier Miton Reports Growth Amidst Fund Inflows

Premier Asset Management (GB:PMI) has released an update.

Premier Miton Group plc reported a rise in Assets under Management (AuM) to £10.6 billion as of June 30, 2024, marking an 8% increase for the financial year, fueled by net inflows into equity and fixed income funds. Despite positive flows, the multi-asset funds and segregated mandates experienced net outflows. Additionally, the successful integration of Tellworth business onto their platform during the quarter is expected to enhance distribution and marketing capabilities moving forward.

For further insights into GB:PMI stock, check out TipRanks’ Stock Analysis page.

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