IN BRIEF: Premier Miton assets under management down amid volatility
Premier Miton Group PLC - Guildford, Surrey-based asset management firm - Says assets under management fall 1.7% to GBP10.5 billion as at June 30, the end of its financial third quarter, from GBP10.68 billion at September 30, 2024. Chief Executive Officer Mike O'Shea says: "There were encouraging signs of progress during the quarter despite reporting a net outflow overall. Demand for our absolute return and fixed income funds remained good, supported by consistent investment performance. Notably, net outflows from our UK equity funds reduced by over 50% compared to the average of the previous four quarters, reflecting improving investor sentiment and solid fund performance." Read More