16th Apr 2024 12:01
(Alliance News) - Tatton Asset Management PLC on Tuesday hailed "record net inflows" as it reported an increase in funds under management.
The Cheshire-based on-platform discretionary fund management and independent financial adviser support service said assets under management as at March 31 increased 38% to GBP17.60 billion from GBP16.55 billion at April 1, 2023.
The company highlighted that net inflows rose to a "record" GBP2.30 billion in the financial year ended March 31, up 28% from GBP1.79 billion it had reported for a year prior.
Tatton will release its annual results on June 18.
Tatton shares rose 5.0% to 583.90 pence each on late Tuesday morning in London.
By Tom Budszus, Alliance News slot editor
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