REG - Premier Miton Group - Q4 AuM update and Notice of results

Premier MitonAnnouncement

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RNS Number : 8226C  Premier Miton Group PLC  10 October 2025

Premier Miton Group plc

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

Q4 AuM update

and

Notice of results

 

Premier Miton Group plc (AIM: PMI) today provides an update on its unaudited
Assets under Management ('AuM') as at 30 September 2025, covering the fourth
quarter of its financial year (the 'Quarter' or 'Period').

 

·      AuM of £10.3 billion as at 30 September 2025 (30 September 2024:
£10.7 billion)

·      Strong net inflows into absolute return and fixed income
strategies

·      Net outflows of £191 million during the Quarter

·      Additional £2 million in annualised cost savings identified

 

Mike O'Shea, Chief Executive Officer, commented:

 

"We saw encouraging momentum in our fixed income and absolute return
strategies during the Quarter, with combined net inflows of £325 million.
This reflects growing investor confidence in our approach to capital
preservation and delivering strong returns. We also have a robust pipeline of
new business building across these areas.

 

"However, we experienced combined outflows of £347 million from our US and
European equity strategies. While this presents a near-term challenge, we
remain confident in the long-term focus of these funds. Our diversified and
genuinely active asset management model gives us confidence in returning the
overall business to net inflows, assuming stable or improving market
conditions in 2026.

 

"On leadership, I am pleased to announce key changes to our equity investment
team, effective immediately. Paul Marriage will become head of the UK Equity
Team, bringing deep sector expertise and a strong performance track record.
Neil Birrell will lead the Global Equity Team while continuing in his role as
Chief Investment Officer. Gervais Williams will become Chair of our Equities
Business, providing experienced oversight and continuity. These changes are
designed to enhance performance through focussed portfolio management and
improved team coordination, ultimately benefiting client outcomes.

 

"In April 2025, we announced annual cost savings of £3 million, the majority
of which have now been delivered. We have identified a further £2 million in
annualised savings to be delivered over the next 12 months. These include
additional business efficiencies and a deeper integration with our main
outsourced partners at Northern Trust, with one-off implementation costs of
approximately £0.7 million. These efficiencies will help offset the impact of
a weaker flow environment, should it persist in the near term. We remain
focused on actively managing our cost base to support future shareholder
returns.

 

"In parallel with operational improvements, we continue to explore strategic
transaction opportunities to enhance shareholder value. We remain open to
inorganic growth opportunities that could expand our scale, introduce new
investment capabilities, or provide access to new client segments. While
timing remains uncertain, our disciplined approach and proven track record
position us well to identify and pursue attractive opportunities.

 

"As we enter our new financial year, we do so with a strong balance sheet, a
focussed investment leadership team, enhanced operational efficiency and a
clear path for growth, both organic and inorganic. We look forward to the
coming year with confidence."

 

 

Assets under Management:

On 30 September 2025, our AuM stood at £10.3 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 July 2025                1,762                             1,019                       1,715                               2,224                            955                 10,469

                                            2,794
                                 (68)                       (58)                    (22)                                193                             132                               (191)

 Net flows                                  (368)
                                 14                         10                      41                                  33                              (6)                             48

 Market/investment performance              (44)

 AuM at 30 September 2025(1, 2)  1,708                      971                     1,734                               2,450                           1,081                           10,326

                                            2,382

( )

A reconciliation of AuM and flows over the year to 30 September 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
                                  (313)                      (221)                   (85)                                277                             488                             (618)

 Net flows                                   (764)
                                  111                        60                      92                                  111                             15                              261

 Market/investment performance

                                             (128)

                                  1,708                      971                     1,734                               2,450                           1,081                           10,326

 AuM at 30 September 2025(1, 2)

2,382

 

(1 ) Comprising of 43 open-ended funds, two investment trusts and eight
external segregated mandates

 

(2) 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 £278 million

 

Notice of results

Premier Miton will issue its results for the financial year ending 30
September 2025 on 4 December 2025.

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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