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TAM — Tatton Asset Management News Story

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UK's Tatton Asset Management AUM/I rises 11%

Overview

UK discretionary fund manager's FY26 AUM/I (assets under management/influence) grew 11% yr/yr to £24.2 bln

Underlying net inflows totaled £2.8 bln, supported by positive investment performance

Board expects FY26 financial results to be towards upper end of market expectations

Outlook

Tatton Asset Management targets £30 bln in AUM/I by March 2029

Board expects FY26 results towards upper end of market expectations

Company notes ongoing geopolitical and economic volatility impacting global markets

Result Drivers

NET INFLOWS - Underlying organic net inflows of £2.8 bln supported AUM growth, with a stronger second half contributing to a full-year average of £234 mln per month

INVESTMENT PERFORMANCE - Market and investment performance contributed £2.5 bln to AUM/I growth

IFA FIRM GROWTH - Number of IFA firms using Tatton's services increased by 108, or 9.7%, to 1,218

Company press release: ID:nRSO4696Aa

Key Details

MetricBeat/MissActualConsensus Estimate
Assets under management/influenceGBP 24.2 bln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the investment management & fund operators peer group is "buy" Wall Street's median 12-month price target for Tatton Asset Management PLC is GBp876.50, about 35.7% above its April 14 closing price of GBp646.00 The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 19 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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