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 'encouraged' by first-quarter performance

By Josh White

Date: Friday 13 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Premier Miton reported closing assets under management of £11.1bn at the end of its first quarter on Friday, up from £10.6bn quarter-on-quarter.
The AIM-traded firm said net inflows totalled £8m for the three months ended 31 December.

It described a "strong" relative investment performance, with 82% of funds in the first or second quartile of their respective sectors since launch or fund manager tenure.

"The group's assets under management ended the quarter at £11.1bn - an increase of 5% on the opening position for the year," said chief executive officer Mike O'Shea.

"We are encouraged by this performance given the challenging landscape for the wider sector.

"The group experienced positive net flows for the quarter totalling £8m with inflows into our US equity, fixed income and diversified funds."

O'Shea said the inflows were partially offset by outflows from the firm's European and UK equity open-ended funds.

"Our investment performance remains relatively strong with 82% of funds in the first or second quartile of their respective sectors since launch or fund manager tenure, with both our newer teams and funds and the more established products performing well.

"Despite the ongoing challenging economic conditions, our clear proposition of active management and our diversified product range should position the group well when confidence returns."

At the close on Friday, shares in Premier Miton Group were up 1.72% at 118.5p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

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
98.67% above the market average98.67% above the market average98.67% above the market average98.67% above the market average98.67% 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
67.2% below the market average67.2% below the market average67.2% below the market average67.2% below the market average67.2% below the market average
67.24% below the sector average67.24% below the sector average67.24% below the sector average67.24% below the sector average67.24% 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
68.09% above the market average68.09% above the market average68.09% above the market average68.09% above the market average68.09% above the market average
66.36% above the sector average66.36% above the sector average66.36% above the sector average66.36% above the sector average66.36% 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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