Miton sees strong H1 2017 with inflows of £195m

Assets under management stand at £3.4bn

Miton Group has seen net inflows of £195m over the first six months of the year, which helped to push its assets under management up to £3.4bn by the end of June.

AUM increased from £2.9bn at the start of 2017 to £3.4bn over the period, as a result of both inflows and market performance, with the latter contributing £254m to the total. The strongest inflows were seen into the firm's equity funds, which took in £150m, while multi-asset funds attracted £41m; a further £4m went into its investment trusts. The firm also continued the expansion of its capabilities over the period, having hired Jim Wright in January to lead the global equity infrastructure team.  On 23 March the firm launched its CF Miton Global Infrastructure Income fund, which e...