Tatton sees AUM reach £17.6bn as advice firm numbers grow

Discretionary fund manager records net flow increase of 28% to £2.3bn

Isabel Baxter
clock • 2 min read

Tatton Investment Management has recorded its assets under management (AUM) at £17.6bn, its latest results show.

The discretionary fund manager's trading update for the year ended 31 March 2024 also saw its net inflows for the year increase by 28.4% to £2.3bn, compared to £1.8bn in 2023. Net inflows in the second half of the 2024 financial year were £1.4bn, an increase of 53.1% on the first half net inflows of £910m. Tatton said that this increased the average monthly net inflows from £152m in the first half of 2024 to £232m per month in the second half, with the final quarter's net inflows being supported by the tax year end. Ther firm attributed its growth in the year to the number of IFA f...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Companies

Titan Wealth wins confidential information and harassment case against ex-employee

Titan Wealth wins confidential information and harassment case against ex-employee

Former staff member circulated confidential documents and offensive messages, judge finds

Jen Frost
clock 07 November 2024 • 5 min read
NextGen Planners receives minority investment from entrepreneur James Ashford

NextGen Planners receives minority investment from entrepreneur James Ashford

Ashford takes 10% equity stake

Isabel Baxter
clock 07 November 2024 • 2 min read
ASH Group sells national advice business Lync Wealth Management

ASH Group sells national advice business Lync Wealth Management

Lync has bought seven firms that manage a total of £500m

Jenna Brown
clock 06 November 2024 • 1 min read