REG - Premier Miton Group - Q1 AuM update

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RNS Number : 9596O  Premier Miton Group PLC  15 January 2026

Premier Miton Group plc

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

Q1 AuM update

 

 

Premier Miton Group plc (AIM: PMI) today provides an update on its unaudited
statement of Assets under Management ('AuM') for the first quarter of the
current financial year ending 30 September 2026 (the 'Quarter' or 'Period').

 

·   AuM of £9.6 billion at 31 December 2025 (30 September 2025: £10.3
billion)

·   £870 million of net outflows for the Quarter

·   AuM of £9.7 billion estimated at 13 January 2026

 

 

Mike O'Shea, Chief Executive Officer, commented:

 

"The Group's AuM ended the Quarter at £9.6 billion, a decrease of 7% on the
opening position for the Period.

As noted in our recent full‑year trading update, the outflows from our US
and European equity strategies continued into the current Period, reflecting
investor risk aversion and the rotation away from growth‑oriented equities
seen over recent quarters. As envisaged, net outflows from these strategies
totalled £550 million for the Quarter. We also experienced net outflows from
our UK multi‑cap strategy, consistent with wider industry trends in UK
equities.

Of the Group's total net outflows for the Period, £119 million related to
previously announced corporate actions and the return of capital arising from
two of the Group's investment trusts.

Demand for our fixed income strategies remained robust, with £163 million of
net inflows during the Quarter. We continue to see strong interest in these
strategies from both wholesale and institutional clients.

We are also pleased to confirm that we are in advanced discussions to
on‑board an additional absolute return institutional mandate, which we
expect to fund before the end of the next financial quarter with an initial
investment of c.$80 million.

Outlook

Although market conditions have been challenging, particularly for active
equity managers, we are encouraged by the improvement in short‑term
performance across several key strategies, particularly in the US. With
interest rates now falling, we believe the environment for active equity
investing should become more constructive as we move through 2026.

In the near term, we remain positive about the outlook for our fixed income
franchise, which continues to attract significant client interest. We are also
pleased with the progress we are making on our international distribution
efforts, which we expect to contribute increasingly to future growth. The
Group retains a strong product offering, a clear strategy, and we have
confidence in the long‑term prospects across our investment capabilities. We
remain focused on delivering long‑term value for shareholders and clients,
supported by disciplined cost management and ongoing investment in our core
capabilities whilst remaining open‑minded about potential M&A
opportunities."

Assets under Management:

On 31 December 2025, our AuM stood at £9.6 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 October 2025           1,708                               971                       1,734                               2,450                            1,081                 10,326

                                            2,382
                                 (166)                      (47)                  (99)                                163                             (119)                             (870)

 Net flows                                  (602)
                                 32                         22                    36                                  30                              (13)                              103

 Market/investment performance              (4)

 AuM at 31 December 2025 (1, 2)  1,574                      946                   1,671                               2,643                           949                               9,559

                                            1,776

( )

(1) Comprising of 42 open-ended funds, one investment trust 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 £287 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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