Earnings release
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Q1 AuM update Released : 15/01/2026 RNS Number : 9596O Premier Miton Group PLC 15 January 2026 Premier Miton Group plc ('Premier Miton', 'Group' or the 'Company') Q1 AuM update Premier Miton Group plc (AIM: PMI) today provides an update on its unaudited statement of Assets under Management ('AuM') for the first quarter of the current financial year ending 30 September 2026 (the 'Quarter' or 'Period'). · AuM of £9.6 billion at 31 December 2025 (30 September 2025: £10.3 billion ) · £870 million of net outflows for the Quarter · AuM of £9.7 billion estimated at 13 January 2026 Mike O'Shea, Chief Executive Officer, commented: "The Group's AuM ended the Quarter at £9.6 billion , a decrease of 7% on the opening position for the Period. As noted in our recent full ‑year trading update, the outflows from our US and European equity strategies continued into the current Period, reflecting investor risk aversion and the rotation away from growth ‑oriented equities seen over recent quarters. As envisaged, net outflows from these strategies totalled £550 million for the Quarter. We also experienced net outflows from our UK multi ‑cap strategy, consistent with wider industry trends in UK equities. Of the Group's total net outflows for the Period, £119 million related to previously announced corporate actions and the return of capital arising from two of the Group's investment trusts. Demand for our fixed income strategies remained robust, with £163 million of net inflows during the Quarter. We continue to see strong interest in these strategies from both wholesale and institutional clients. We are also pleased to confirm that we are in advanced discussions to on ‑board an additional absolute return institutional mandate, which we expect to fund before the end of the next financial quarter with an initial investment of c.$80 million . Outlook Although market conditions have been challenging, particularly for active equity managers, we are encouraged by the improvement in short ‑term performance across several key strategies, particularly in the US. With interest rates now falling, we believe the environment for active equity investing should become more constructive as we move through 2026. In the near term, we remain positive about the outlook for our fixed income franchise, which continues to attract significant client interest. We are also pleased with the progress we are making on our international distribution efforts, which we expect to contribute increasingly to future growth. The Group retains a strong product offering, a clear strategy, and we have confidence in the long ‑term prospects across our investment capabilities. We remain focused on delivering long‑term value for shareholders and clients, supported by disciplined cost management and ongoing investment in our core capabilities whilst remaining open ‑minded about potential M&A opportunities." Assets under Management: On 31 December 2025, our AuM stood at £9.6 billion . A reconciliation of AuM and flows over the Quarter is below: Equity UK Equity International Multi‐asset Multi Manager Multi‐asset Direct and Diversified Fixed Income Absolute Return Total
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£m £m £m £m £m £m £m AuM at 1 October 2025 1,708 2,382 971 1,734 2,450 1,081 10,326 Net flows (166) (602) (47) (99) 163 (119) (870) Market/investment performance 32 (4) 22 36 30 (13) 103 AuM at 31 December 2025 1, 2 1,574 1,776 946 1,671 2,643 949 9,559 1 Comprising of 42 open-ended funds, one investment trust and eight external segregated mandates 2 AuM and net flows are presented after the removal of AuM invested in other funds managed by the Group. At the Period end these totalled £287 million ENDS For further information, please contact: Premier Miton Group plc Mike O'Shea, Chief Executive Officer 01483 306 090 Investec Bank plc (Nominated Adviser and Broker) David Anderson / Ben Griffiths / St John Hunter 020 7597 4000 Camarco Geoffrey Pelham‐Lane / Ben Woodford 07733 124 226 / 07990 653 341 KK Advisory Ltd Steve Keeling / Kam Bansil 020 7039 1901 Notes to editors: Premier Miton Investors is focused on delivering good investment outcomes for investors through relevant products and active management across its range of investment strategies, which include equity, fixed income, multi‐asset and absolute return. LEI Number: 213800LK2M4CLJ4H2V85 This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END TSTAKQBNCBKDODD