StockMarketWire.com - Premier Asset Management Group said its assets under management roe 13% in the fourth quarter as it attracted more net inflows to its funds.

Assets under management for the three months through September grew to £6.9bn as net inflows amounted to £120m, which was lower than £205m recorded on-year.

Total net inflows for the year through September were £734m, lower than £747m on-year.

The company said it had recorded net inflows for 20 consecutive quarters.

'Our focus continues to be on providing relevant investment products to our clients, including our market leading multi-asset fund range, backed by active investment management and good long term investment outcomes, after all fund fees,' chief executive Mike O'Shea saide.

'Our strong business performance has been achieved despite ongoing economic and political uncertainty.'

'Notwithstanding these challenging business conditions, we believe the combination of our relevant investment products, long term performance track record and distribution capabilities means we are well placed for the future.'





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