Premier AM records first quarter of outflows for six years
Challenging conditions
CEO Mike O'Shea was upbeat
A period of continued "challenging conditions for the investment industry" has seen Premier Asset Management's run of 24 consecutive quarters of net inflows come to an end.
In its Q3 update to the market released this morning, Premier said it saw net outflows of £55m in the three months to 30 June 2019. Consqequently, its assets under management (AUM) fell by £53m to £6.7bn....
More on Industry
Back to Top