Premier AUM hits record £6bn amid run of positive inflows

Launched alternative income fund

Premier Asset Management has ended its financial year reporting its 18th consecutive quarter of positive net inflows.

In a trading update for its fourth quarter ending 30 September 2017, the group reported total net inflows of £205m, bringing the total net inflows for its financial year, ending on the same date, to £747m. This also led to AUM to reach a record high of £6.1bn. Mike O'Shea, chief executive officer, said: "This strong performance has been achieved despite a considerable amount of economic uncertainty during the year. "Our success has been built on achieving good long-term investment outcomes for our clients, after fees, across our range of relevant investment products. We remain conv...