Premier Asset Management has reported its 21st successive quarter of positive net inflows, which has boosted total assets under management (AUM) to £6.8bn.
For the quarter ended 30 June 2018, the group saw total net inflows of £202m, bringing the total net inflows for the rolling 12 months to end of June to £819m. This combined with positive market movements has resulted in AUM reaching £6.8bn, a record high and £1bn higher than the figure this time last year. Mike O'Shea, chief executive officer, commented: "We are pleased to report another strong quarter for the business. Net inflows of £202m represent our 21st successive quarter of positive net inflows, AUM increased to a record high, and fund performance remains strong. These inflows...
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