Premier Miton Group (PMI)

Sector:

Financials

Index:

FTSE AIM All-Share

53.50p
   
  • Change Today:
      0.50p
  • 52 Week High: 102.00
  • 52 Week Low: 49.00
  • Currency: UK Pounds
  • Shares Issued: 162.08m
  • Volume: 406,203
  • Market Cap: £86.71m

Premier Miton reports decent fourth quarter progress

By Josh White

Date: Friday 09 Oct 2020

LONDON (ShareCast) - (Sharecast News) - Premier Miton Group updated the market on its unaudited statement of assets under management for the fourth quarter on Friday, reporting closing assets under management of £10.6bn at 30 September, up from £10.3bn on 30 June.
The AIM-traded firm noted that two fixed income funds were launched on 14 September, with the first being the Premier Miton Strategic Monthly Income Bond Fund, which sits in the IA Sterling Strategic Bond sector.

Assets under management at period end there totalled £55m.

The Premier Miton Financials Capital Securities Fund, meanwhile, sits in the IA Specialist sector, with assets under management at period end totalling £64m.

It also said Alan Rowsell joined the group on 1 October from Aberdeen Standard Investments, where he was manager of the £1.2bn Global Smaller Companies fund since 2012.

A new Premier Miton Global Smaller Companies fund launch was planned for the first quarter of 2021.

"The group saw a return to net positive flows in August and September reflecting a combination of continued inflows across a number of the single strategy funds along with early traction for the new fixed income team," said chief executive officer Mike O'Shea.

"The group has made a series of key appointments in the financial year that will allow it to offer new products to investors in Global Sustainable Equity, Global Small Cap and Fixed Income.

"At the same time, it is encouraging to see strong performance across a wide range of our existing single strategy equity and fixed income funds, which now represent the majority of our total assets under management."

O'Shea said the company had "considerably strengthened" its distribution capabilities over recent months and, as a result, was approaching the coming financial year with "optimism" that it could continue to build flows in the area.

At 1606 BST, shares in Premier Miton Group were up 5.83% at 101.6p.

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PMI Market Data

Currency UK Pounds
Share Price 53.50p
Change Today 0.50p
% Change 0.94 %
52 Week High 102.00
52 Week Low 49.00
Volume 406,203
Shares Issued 162.08m
Market Cap £86.71m

PMI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.81% above the market average98.81% above the market average98.81% above the market average98.81% above the market average98.81% above the market average
96.19% above the sector average96.19% above the sector average96.19% above the sector average96.19% above the sector average96.19% above the sector average
Price Trend
68.34% below the market average68.34% below the market average68.34% below the market average68.34% below the market average68.34% below the market average
68.97% below the sector average68.97% below the sector average68.97% below the sector average68.97% below the sector average68.97% below the sector average
Income
97.73% above the market average97.73% above the market average97.73% above the market average97.73% above the market average97.73% above the market average
90.91% above the sector average90.91% above the sector average90.91% above the sector average90.91% above the sector average90.91% above the sector average
Growth
68.53% above the market average68.53% above the market average68.53% above the market average68.53% above the market average68.53% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PMI Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Jan-24 06-Jul-23
Paid 16-Feb-24 04-Aug-23
Amount 3.00p 3.00p

Trades for 28-Mar-2024

Time Volume / Share Price
16:13 3,000 @ 53.77p
16:06 2,819 @ 53.20p
16:00 8 @ 54.00p
15:57 2 @ 54.00p
15:46 18,210 @ 53.70p

PMI Key Personnel

CEO Michael Patrick O'Shea
CFO Piers Godfrey Harrison

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