Tatton AM sees record inflows as 8AM acquisition adds £1bn to AUM

AUM growth offset by falling markets

Tatton Asset Management (TAM) has seen record organic flows of £907m, but assets under management only grew by £1bn following the acquisition of 8AM, due to falling markets.

In its interim results for the six-month period ended 30 September 2022, Tatton reported that net inflows saw a record 39.1% increase on the prior year. However, volatile markets over the period caused a "significant drag" on closing AUM.  The group completed its £7.3m acquisition of model portfolio and investment fund provider 8AM Global in August. It bought 50% of its issued share price capital and retains the option to acquire the remaining 50% in due course.  This acquisition added £1bn to Tatton's AUM, growing from £11.3bn in March 2022 to £12.3bn in September 2022. As at 18 Nove...