Tellworth Investments acquisition spurs AUM increase at Premier Miton despite Q1 outflows

As of 31 March 2024, the agency’s closing AUM stood at £10.7bn, a rise from £10.1bn firstly of the yr, in keeping with its Q2 AUM replace.
The acquisition of Tellworth Investments and the appointment of the agency as an funding supervisor to GVQ Funding Funds led to an addition of £560m to the agency’s AUM. The offers resulted in a further £368m in fairness funds and £192m in segregated mandates.
Tellworth Investments sale to Premier Miton receives FCA approval
Mike O’Shea, CEO of Premier Miton, mentioned:  “Each [deals] are complementary to our present enterprise and align with ou…