REG - Tatton Asset Mgt PLC - Trading Update and Notice of Final Results

Tatton Asset ManagementAnnouncement

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RNS Number : 4696A  Tatton Asset Management PLC  15 April 2026

For release: 07.00, 15 April 2026

 

Tatton Asset Management plc

("TAM plc" or the "Group")

AIM: TAM

Trading Update and Notice of Final Results

Strong underlying inflows of £2.8bn contribute to a £2.4bn increase in
AUM/I(1), up 11.0% to £24.2bn

Tatton Asset Management plc, the on-platform discretionary fund management
("DFM") and IFA support services Group, today announces the following
unaudited trading update for the year ended 31 March 2026 ("FY26" or the
"Year"). The Group's audited Final Results are scheduled to be released on 16
June 2026.

Trading Update

 ·             Total AUM/I(1) increased 11.0% to £24.2 billion on 31 March 2026 (FY25:
               £21.8 billion)
 ·             Strong underlying net inflows(2) of £2.8 billion in the Year
 ·             Market and investment performance contributed £2.5 billion (FY25: £0.6
               billion)
 ·             Previously announced Perspective contract cancellation impact to AUM was £3.3
               billion
 ·             Added 108 IFAs in the Year to reach a total of 1,218 IFA firm relationships
               for Tatton Investment Management
 ·             The Board is confident that the financial results for the Year will be towards
               the upper end of the market expectations range

 

Highlights

Tatton Investment Management delivered another year of strong growth with
AUM/I(1) increasing in the year by 11.0% to £24.216 billion. Underlying net
inflows(2) have remained consistently strong and this year totalled £2.806
billion with the second half of the year ("H2") delivering £1.454 billion
versus £1.352 billion in the first half ("H1"). This resulted in average
monthly net inflows of £234 million, in line with guidance and showing
encouraging progression through the year, with H1 averaging £225 million and
H2 strengthening to £242 million per month. Strong underlying inflows(2) were
complemented by investment performance which contributed £2.456 billion.
Total reported net outflows for the year were £0.523bn (FY25: net inflows
£3.687bn). This figure includes £3.329bn relating to the previously
highlighted cancellation of the Perspective contract in January 2026.
Underlying AUM excluding the Perspective mandate has maintained consistent
growth with FY26 increasing 26.8% over the prior year and underlying net
inflows(2) remaining consistent in the year being 15.6% of opening underlying
AUM.

                                                £bn
 Opening AUM 1 April 2025                       20.872

 Underlying organic net inflows(2)              2.806
 Perspective contract end (January 26)          (3.329)
 Market and investment performance              2.456
 Closing AUM 31 March 2026                      22.805
 8AM - AUI(1)                                   1.411
 Total closing combined AUM/I(1) 31 March 2026  24.216

 

                                                         Total £bn FY22   Total £bn FY23   Total £bn FY24   Total £bn FY25   Total £bn FY26
 Underlying AUM(2)                                       10.310           11.427           14.467           17.989           22.805
 Underlying AUM Growth %                                                  10.8%            26.6%            24.3%            26.8%
 Underlying organic net inflows(2)                       1.179            1.488            1.716            2.962            2.806
 % of underlying inflows against underlying opening AUM                   14.4%            15.0%            20.5%            15.6%

 

We remain on track with our five-year 'Roadmap for Growth' strategy, targeting
£30.0 billion in AUM/I(1) by 31 March 2029.

In the first two years we have added £6.612 billion, with £5.784 billion to
be delivered over the remaining three years to reach that target. The strong
performance delivered in the Year was supported by the number of IFA firms
increasing by 108 or 9.7% to 1,218 (FY25: 1,110).

Paradigm, the Group's IFA support services business, delivered another
consistent performance in the Year. Paradigm Mortgages participated in a
record number of mortgage completions totalling £17.5 billion (FY25: £14.2
billion), a 23.2% increase year on year, with H2 completions of £8.9 billion,
ahead of H1 by 3.5%. New Mortgage member firms in the Year were 99 and
totalled 2,014 at the end of the Year (FY25: 1,915). Consulting member firms
were 433 at the end of the Year (FY25: 425).

 

Paul Hogarth, Founder and CEO of Tatton Asset Management plc, said

"I am proud that we have delivered another year of strong performance and
continued the long-term growth momentum we have consistently built since
inception. Our core business has achieved excellent organic growth, with
underlying organic net inflows(2) of £2.806 billion and market and investment
performance of £2.456 billion driving total AUM/I(1) to £24.216 billion, an
increase of 11.0% over the prior year. The number of firms using our services
grew by 9.7% to 1,218, and our investment proposition continues to attract
recognition across the market, a testament to the strength and consistency of
our adviser-led growth model.

"We have continued to make excellent progress towards our five-year 'Roadmap
for Growth' strategy, targeting £30 billion in AUM/I(1) by 2029. Against a
volatile and challenging macroeconomic and geopolitical backdrop, I am
particularly pleased with the consistency of our underlying net inflows
throughout the year, with a stronger second half contributing to a full-year
average of £234 million per month and at the top of our guidance range. This
performance reflects the quality of our people and the depth of our adviser
relationships.

"The contribution Paradigm continues to make to the Group is also pleasing.
Paradigm has delivered a strong and consistent performance, with Paradigm
Mortgages achieving a record level of completions at £17.5 billion and
Paradigm Consultancy contributing another dependable year.

"Taken all together these results are a testament to the dedication of our
team and the strength of our partnerships with independent financial advisers
and I remain confident in our long-term vision for the Group and in our
ability to continue to achieve our targets in the years ahead.

"The Board expects that our financial performance for FY26 will be towards the
upper end of market expectations. While we are mindful of ongoing geopolitical
and economic volatility and its impact on global markets, we remain optimistic
and look forward to building on our success and making further progress in the
new financial year ahead."

 

(1)AUM/I includes 100% of 8AM Global AUM (Assets under Influence).

(2)Underlying net inflows & Underlying AUM exclude the termination of the
Perspective contract.

 

For further information please contact:

 Tatton Asset Management plc                                         +44 (0) 161 486 3441

 Paul Hogarth (Chief Executive
 Officer)

 Paul Edwards (Chief Financial
 Officer)

 Lothar Mentel (Chief Investment Officer)

 Zeus - Nomad and Broker                                             +44 (0) 20 3829 5000

 Dan Bate (Investment Banking and QE)

 Martin Green (Investment Banking)

 Louisa Waddell (Investment Banking)

 Singer Capital Markets - Joint Broker

Charles Leigh-Pemberton / Peter Steel (Investment Banking)

                                                                     +44 (0) 20 7496 3000

 RBC Capital Markets - Joint Broker

 Oliver Hearsey / Elliot Thomas / Kathryn Deegan                     +44 (0) 20 7653 4000
 Gracechurch Group - Financial PR and IR

 Heather Armstrong / John Bick / Rebecca Scott                       +44 (0) 20 4582 3500

                                                                     tatton@gracechurchpr.com (mailto:tatton@gracechurchpr.com)
 Trade Media Enquiries

 Roddi Vaughan Thomas                                                +44 (0) 7469 854 011

 

+44 (0) 20 7496 3000

 

 

RBC Capital Markets - Joint Broker

Oliver Hearsey / Elliot Thomas / Kathryn Deegan

 

+44 (0) 20 7653 4000

Gracechurch Group - Financial PR and IR

Heather Armstrong / John Bick / Rebecca Scott

 

 

+44 (0) 20 4582 3500

tatton@gracechurchpr.com (mailto:tatton@gracechurchpr.com)

Trade Media Enquiries

Roddi Vaughan Thomas

 

+44 (0) 7469 854 011

For more information, please visit: www.tattonassetmanagement.com
(http://www.tattonassetmanagement.com)

 

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