Premier Asset Management (GB:PMI) has released an update.
Premier Miton Group PLC reported a 9% increase in Assets under Management (AuM) to £10.7 billion for the financial year ending September 2024, despite a £133 million net outflow in the last quarter. The company has experienced mixed investment flows, with positive trends in the summer offset by investor caution ahead of the UK’s budget announcement. Premier Miton remains optimistic about future flows, bolstering its position through strong investment performance in key areas such as UK equity and multi-asset funds.
For further insights into GB:PMI stock, check out TipRanks’ Stock Analysis page.