Miton inflows double to £1bn as profits jump 34%

The firm's adjusted profit before tax jumped from £6.8m in 2017 to £9.2m in 2018, while profit before tax was 43% higher at £8.9m.  Total assets under management at the end of 2018 were 14% higher than at the start of the year at £4.4bn, while by the end of February 2019 they had risen further to £4.6bn. The growth in AUM was driven by strong inflows of over £1bn during the year, more than double the £494m taken in during the previous year. David Jane: Markets need a story The LF Miton UK Multi Cap Income fund was particularly successful, taking in £400m, which brought total ass...