RE: "Sector-leading net flows, double-digit profit growth"16 Nov 2023 10:41
And in the Tatton analyst presentation this morning, company confirms it has hit its £15bn assets under management/influence target early- in March 2021 (when AUM was £9bn) it set out to reach a £15bn target by March 2024
Good points. Mostly agree. Still a bit worried about the outflows though.
Many of your points apply to a few asset managers - and I think your -re-rating point is applicable to quite a few of them. If you're interested in some further analysis on the UK-listed asset management sector you may want to check out my post covering the recent Q3 updates