Premier AUM hits record £6bn amid run of positive inflows

Launched alternative income fund

Natalie Kenway
clock • 1 min read

Premier Asset Management has ended its financial year reporting its 18th consecutive quarter of positive net inflows.

In a trading update for its fourth quarter ending 30 September 2017, the group reported total net inflows of £205m, bringing the total net inflows for its financial year, ending on the same date, to £747m. This also led to AUM to reach a record high of £6.1bn. Mike O'Shea, chief executive officer, said: "This strong performance has been achieved despite a considerable amount of economic uncertainty during the year. "Our success has been built on achieving good long-term investment outcomes for our clients, after fees, across our range of relevant investment products. We remain conv...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

How big an impact could global elections have on portfolio allocation in 2024?

How big an impact could global elections have on portfolio allocation in 2024?

US, UK and India main focuses

Investment Week
clock 19 February 2024 • 8 min read
Hotter than expected US inflation tempers Fed rate cut expectations

Hotter than expected US inflation tempers Fed rate cut expectations

Annual price growth falls to 3.1%

clock 13 February 2024 • 1 min read
Investors turn defensive in January as rate cut expectations change

Investors turn defensive in January as rate cut expectations change

State Street Risk Appetite index

clock 08 February 2024 • 1 min read
Trustpilot