REG - Premier Miton Group - Q3 AuM update

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RNS Number : 6424Q  Premier Miton Group PLC  11 July 2025

Premier Miton Group plc

('Premier Miton', 'Group' or the 'Company')

Q3 AuM update

 

Premier Miton Group plc (AIM: PMI) today provides an update on its unaudited
statement of Assets under Management ('AuM') for the third quarter of the
current financial year ending 30 September 2025 (the 'Quarter' or 'Period').

 

·   £10.5 billion AuM as at 30 June 2025 (30 September 2024: £10.7
billion)

·   Net inflows continued into absolute return and fixed income strategies
during the Period

·   Positive investment performance in the Quarter with over 70% of funds
performing above median over the past three and six months(1)

·   Net outflows of £173 million for the Quarter, an improvement from
£221 million in the prior quarter

 

Mike O'Shea, Chief Executive Officer, commented:

 

"There were encouraging signs of progress during the Quarter despite reporting
a net outflow overall. Demand for our absolute return and fixed income funds
remained good, supported by consistent investment performance. Notably, net
outflows from our UK equity funds reduced by over 50% compared to the average
of the previous four quarters, reflecting improving investor sentiment and
solid fund performance.

 

"While our European equity strategy recorded further net outflows of £132
million, this occurred alongside a strong period of performance, with the fund
ranking second out of 130 in its sector over the Period. We believe that this
positive performance will begin to translate into improved flow dynamics over
the coming quarters.

 

"More broadly, short-term investment performance across the fund range has
been encouraging, with over 70% of funds above median over the past three and
six months(1).

 

"Shortly after the Period end, on 7 July 2025, we successfully onboarded a new
institutional absolute return mandate seeded with $50 million. In parallel, we
are advancing discussions on an additional institutional mandate, which we are
seeking to finalise before year-end.

 

"From a market perspective, the Quarter was marked by heightened volatility
following the introduction of US tariffs and ongoing tensions in the Middle
East. While the full implications remain to be seen, a stabilisation in
conditions during the second half of the year would provide a more
constructive backdrop for converting our strong new business pipeline across
fixed income, absolute return, and several equity strategies into positive
flows."

 

 

 

 

 

Assets under Management:

On 30 June 2025, our AuM stood at £10.5 billion.

A reconciliation of AuM and flows over the Quarter is below:

                                 Equity UK                  Multi-asset             Multi-asset Direct and Diversified  Fixed Income                    Absolute Return                 Total

                                            Equity          Multi Manager

                                            International
                                 £m         £m              £m                      £m                                  £m                              £m                              £m
 AuM at 1 April 2025               1,668                             1,018                       1,639                               2,100                            863                 10,201

                                            2,913
                                 (60)                       (42)                    (24)                                84                              76                              (173)

 Net flows                                  (207)
                                 154                        43                      100                                 40                              16                              441

 Market/investment performance              88

 AuM at 30 June 2025 (2, 3)      1,762                      1,019                   1,715                               2,224                           955                             10,469

                                            2,794

( )

A reconciliation of AuM and flows over the nine-month period to 30 June 2025
is below:

 

                                 Equity UK                  Multi-asset             Multi-asset Direct and Diversified  Fixed Income                    Absolute Return                 Total

                                            Equity          Multi Manager

                                            International
                                 £m         £m              £m                      £m                                  £m                              £m                              £m
 AuM at 1 October 2024             1,910                             1,132                       1,727                               2,062                            578                 10,683

                                            3,274
                                 (245)                      (163)                   (63)                                84                              356                             (427)

 Net flows                                  (396)
                                 97                         50                      51                                  78                              21                              213

 Market/investment performance              (84)

                                 1,762                      1,019                   1,715                               2,224                           955                             10,469

 AuM at 30 June 2025 (2, 3)                 2,794

( )

(1) Quartile performance rankings are based on Investment Association sector
classifications, where applicable. The analysis covers 37 open-ended funds
over three and six months to 30 June 2025. Performance data is sourced from FE
Analytics FinXL, using the main representative post-RDR share class, on a
total return basis in UK Sterling

 

(2  )Comprising of 44 open-ended funds, two investment trusts and six
external segregated mandates

 

(3) AuM and net flows are presented after the removal of AuM invested in other
funds managed by the Group. At the Period end these totalled £270 million

 

ENDS

For further information, please contact:

 

 Premier Miton Group plc

 Mike O'Shea, Chief Executive Officer              01483 306 090

 Investec Bank plc (Nominated Adviser and Broker)

 David Anderson / Ben Griffiths / St John Hunter   020 7597 4000

 Camarco

 Geoffrey Pelham-Lane / Ben Woodford               07733 124 226 /

                                                   07990 653 341
 KK Advisory Ltd

 Steve Keeling / Kam Bansil                        020 7039 1901

 

 

Notes to editors:

Premier Miton Investors is focused on delivering good investment outcomes for
investors through relevant products and active management across its range of
investment strategies, which include equity, fixed income, multi-asset and
absolute return.

 

LEI Number: 213800LK2M4CLJ4H2V85

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