Premier AM records first quarter of outflows for six years

Challenging conditions

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"Our business remains well positioned for the future when sentiment improves" - Premier AM's Mike O'Shea
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"Our business remains well positioned for the future when sentiment improves" - Premier AM's Mike O'Shea

A period of continued "challenging conditions for the investment industry" has seen Premier Asset Management's run of 24 consecutive quarters of net inflows come to an end.

In its Q3 update to the market released this morning, Premier said it saw net outflows of £55m in the three months to 30 June 2019. Consqequently, its assets under management (AUM) fell by £53m to ...

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