9th Oct 2020 14:31
Premier Miton Group PLC - asset manager - Assets under management at September 30, end of fourth quarter, up 2.9% to GBP10.6 billion from GBP10.3 billion in June. "The group saw a return to net positive flows in August and September reflecting a combination of continued inflows across a number of the single strategy funds along with early traction for the new fixed income team," Chief Executive Mike O'Shea said. Adds Alan Rowsell to its team on October 1. Rowsell is a former manager of the global smaller companies fund at Aberdeen Standard Investments. Premier Miton plans launch of global smaller companies fund in first quarter of 2021.
Current stock price: 100.00 pence; up 4.2% on Friday
Year-to-date change: down 47%
By Eric Cunha; [email protected]
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