Premier Miton Q1 AUM grows to £12bn

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The assets under management of AIM-listed Premier Miton Group grew to £12 billion in the first quarter of 2020.

This was due to net inflows of £166 million during this period, which led to the 13% increase.

The asset manager recorded inflows across equity and fixed income strategies but outflows continued from its multi-asset funds.

Going into the quarter Premier Miton had total AUM of £10.6 billion.

At 1:44pm: (LON:PMI) Premier Miton Group PLC share price was 0p at 132.5p