The merger between Premier Asset Management and Miton Group completed on Friday (15 November), creating Premier Miton Investors, a firm that has £11bn of assets under management.
The firm, which has a market capitalisation just shy of £200m, will trade on the Alternative Investment Market and be led by CEO Mike O'Shea. The merger was announced in September and has subsequently received approval from shareholders, regulators and the courts. At the time, the move was widely welcomed by industry commentators. O'Shea said the combination "creates a new, broader, stronger and exciting UK asset management business". "Our merger is based on a strong belief in the value of active management and the conviction that we are very well placed to continue to create signi...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
