Premier Miton confirms MPS launch timeline

Group also reported AUM up 8% since opening position

Jen Frost
clock • 2 min read

Premier Miton’s managed portfolio service (MPS) will be “more widely available” through the Autumn following the announcement of its launch last week.

The launch comes against a backdrop of a "weak environment for multi-asset fund sales" in particular in its multi-manager range despite a strong long-term performance, Premier Miton Group chief executive officer (CEO) Mike O'Shea said in a Friday trading update. "I am, however, pleased to announce that our managed portfolio service, managed by our highly successful multi-manager team, is now live for our first intermediary clients and will be more widely available as we move through this Autumn," O'Shea said. "We continue to see good interest from advisers for a cost-effective managed po...

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