Tatton Asset Management (TAM)

Sector:

Financials

Index:

FTSE AIM 100

455.50p
   
  • Change Today:
    -7.50p
  • 52 Week High: 506.00
  • 52 Week Low: 329.00
  • Currency: UK Pounds
  • Shares Issued: 60.06m
  • Volume: 11,733
  • Market Cap: £273.55m
  • RiskGrade: 95

Tatton Asset Management reports rising assets and replaces finance chief

By Duncan Ferris

Date: Monday 23 Apr 2018

LONDON (ShareCast) - (WebFG News) - Fund management and financial advice firm Tatton Asset Management demonstrated strong investment returns with the release of an un-audited year end update for the 12 months preceding 31 March.
The AIM traded company increased its assets under management by 26% over the course of the year, seeing them rise to £4.9bn while the group's IFA support gained 16 new client firms and its mortgage distribution business saw membership rise 14% to 1,219.

Paul Hogarth, founder and chief executive of Tatton Asset Management, said: "Increasing assets under management by £1.0 billion in the last twelve months to £4.9 billion, and £5.0 billion as at today, is a continued endorsement of the demand for a DFM (discretionary fund management) service that offers competitive pricing and has delivered strong investment returns during challenging markets."

London based investment manager Tatton offers discretionary fund management services as its core investment proposition through 10 UK wrap platforms.

The company will report its results for the year in full on 27 June.

Meanwhile, Tatton also announced that chief financial officer Noel Stubley, who has held the position since March 2012, will step down from his role on 30 April but remain in an advisory capacity until the end of July while his replacement Paul Edwards steps in from 1 May.

Paul Edwards has previous experience working as group finance director for a number of listed companies, most recently at Scapa Group, and has held other senior finance roles at listed and private companies.

Roger Cornick, chairman of Tatton Asset Management, said: "The board thanks Noel for his contribution to the success of the company during his tenure. He helped lead the company through its early development to the recent successful IPO and the board wishes him well for the future. Paul brings considerable listed public company experience to the role which allied to his broad range of financial and operational expertise will greatly strengthen the management team."

As of 0928 BST, Tatton Asset Management's shares were up 3.77% at 211.70p.

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

TAM Market Data

Currency UK Pounds
Share Price 455.50p
Change Today -7.50p
% Change -1.62 %
52 Week High 506.00
52 Week Low 329.00
Volume 11,733
Shares Issued 60.06m
Market Cap £273.55m
RiskGrade 95

TAM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
88.82% below the market average88.82% below the market average88.82% below the market average88.82% below the market average88.82% below the market average
90.16% below the sector average90.16% below the sector average90.16% below the sector average90.16% below the sector average90.16% below the sector average
Price Trend
70.26% above the market average70.26% above the market average70.26% above the market average70.26% above the market average70.26% above the market average
67.69% above the sector average67.69% above the sector average67.69% above the sector average67.69% above the sector average67.69% above the sector average
Income
7.33% below the market average7.33% below the market average7.33% below the market average7.33% below the market average7.33% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Growth
34.93% above the market average34.93% above the market average34.93% above the market average34.93% above the market average34.93% above the market average
3.39% above the sector average3.39% above the sector average3.39% above the sector average3.39% above the sector average3.39% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 2
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

TAM Dividends

  Latest Previous
  Interim Final
Ex-Div 01-Dec-22 23-Jun-22
Paid 16-Dec-22 02-Aug-22
Amount 4.50p 8.50p

Trades for 30-Jan-2023

Time Volume / Share Price
15:25 321 @ 462.49p
13:35 3,500 @ 466.54p
13:34 2,158 @ 462.49p
13:33 1 @ 463.00p
13:33 2,133 @ 468.00p

TAM Key Personnel

CEO Paul Hogarth
CFO Paul Edwards

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