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Premier Asset Management ( (GB:PMI) ) has issued an update.
Premier Miton reported a decline in assets under management to £9 billion at 31 March 2026 from £10.3 billion at the prior year-end, driven by £443 million of net outflows amid volatile markets and weaker performance in international equities. Management highlighted that fixed income strategies continued to attract inflows, while absolute return and international equity funds saw redemptions as clients cut risk and performance lagged in key mandates.
In response, the group is accelerating a restructuring programme that now targets £7.5 million of total cost savings, including an additional £2.5 million from simplifying operations by September 2026, to bolster resilience and protect profitability. Premier Miton is also overhauling its international equity platform with a new Head of Global Equities and reinforcing governance, while prioritising growth investment in higher-performing areas such as fixed income, absolute return, multi-asset income and UK equities, and remaining open to bolt-on M&A and strategic partnerships to enhance scale and capability.
Spark’s Take on PMI Stock
According to Spark, TipRanks’ AI Analyst, PMI is a Neutral.
The score is held back primarily by multi-year revenue decline and sharp margin/ROE compression, alongside weak technicals (downtrend and negative momentum). A strong low-debt balance sheet and ongoing positive (though weakening) cash generation provide support, while valuation is mixed (very high P/E versus very high dividend yield) and corporate updates highlight ongoing AUM/outflow headwinds despite some pockets of demand.
To see Spark’s full report on PMI stock, click here.
More about Premier Asset Management
Premier Miton Group plc is a UK-based active asset manager listed on AIM, focusing on equities, fixed income, multi-asset, absolute return and retirement income strategies. The firm primarily serves UK intermediary and wealth channels, while selectively expanding in international markets where demand for its investment capabilities is structurally supportive.
Average Trading Volume: 935,660
Technical Sentiment Signal: Sell
Current Market Cap: £68.9M
Find detailed analytics on PMI stock on TipRanks’ Stock Analysis page.