Premier Miton suffers net outflows from open-ended funds in Q1 AUM update

Closing AUM remained flat

Lauren Mason
clock • 2 min read
Premier Miton's Mike O'Shea
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Premier Miton's Mike O'Shea

Premier Miton saw £87m of net outflows during the first quarter of its current financial year (30 September to 31 December 2020) following a “challenging period for UK fund flows in general”, according to its latest AUM update.

Closing AUM over the period remained flat at £13.9bn, although it included the winding up of the firm's £101m Acorn Income fund as well as outflows. As such, investment trust assets under management fell...

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