An update from Premier Asset Management ( (GB:PMI) ) is now available.
Premier Miton Group PLC reported a decrease in its Assets under Management (AuM) to £10.2 billion as of March 31, 2025, down from £10.7 billion at the end of September 2024. The decline was primarily due to significant net outflows from its European equity strategies, although there was strong demand for its absolute return funds. The company has identified £3 million in annual cost efficiencies to be implemented by September 2025, aiming to optimize operations amidst challenging market conditions. Despite these challenges, Premier Miton remains optimistic about its diversified portfolio and the potential for future growth, supported by a strong new business pipeline and recognition in the Pridham Report for its sales performance.
Spark’s Take on GB:PMI Stock
According to Spark, TipRanks’ AI Analyst, GB:PMI is a Neutral.
Premier Asset Management’s stock score of 52 reflects mixed financial performance, bearish technical indicators, and a high valuation offset by a strong dividend yield. The company’s strategic growth through acquisitions and positive corporate developments serve as notable strengths, but the declining revenue and profitability margins, combined with bearish technicals, weigh on the overall score.
To see Spark’s full report on GB:PMI stock, click here.
More about Premier Asset Management
Premier Miton Investors is a company focused on delivering good investment outcomes through a range of investment strategies, including equity, fixed income, multi-asset, and absolute return.
YTD Price Performance: -21.90%
Average Trading Volume: 398,664
Technical Sentiment Signal: Buy
Current Market Cap: £75.11M
For a thorough assessment of PMI stock, go to TipRanks’ Stock Analysis page.