LONDON (ShareCast) - (Sharecast News) - Tatton Asset Management reported a robust first half on Tuesday, with strong organic net inflows and positive investment performance driving a 36.9% annualised increase in assets under management and influence to £25.85bn as at 30 September.
Net inflows totalled £1.68bn in the period, averaging £281m per month, equivalent to 16.1% of opening AuM on an annualised basis.

Investment performance contributed a further £2.06bn.

The AIM-traded group said revenue and profit growth were in line with the board's expectations.

Tatton said it continued to attract new adviser relationships, with supporting IFAs rising 5.4% since March to 1,170.

AuM linked to Perspective Financial Group reached £3.51bn after £333m of net inflows in the half; the long-standing partnership concludes in January 2026, as previously indicated. Including 8AM Global's £1.23bn of assets under influence, total assets under management and influence stood at £25.85bn, up from £21.83bn at 31 March.

"Tatton has delivered another strong period of growth, reflecting the continued strength of our proposition and partnerships with advisers and we remain appreciative of the trust clients place in us to manage their investments," said chief executive Paul Hogarth.

"In this period, we maintained the momentum of organic net inflows seen throughout last year with net inflows reaching £1.7bn, combined with our consistent investment performance, assets under management and influence reached £25.8bn, an increase of 36.9% on an annualised basis."

He added that the company's ability to consistently attract new IFA firms and deepen relationships with existing ones underlined the "scalability and resilience" of its model.

"We maintain confidence in meeting our target of £30bn of assets under management and influence by the end of 2029," and said the group entered the second half "with momentum and confidence in delivering results in line with market expectations for the full year".

Paradigm, the group's IFA support arm, remained resilient, with Paradigm Mortgages participating in £8.3bn of mortgage completions in the half, reflecting a mix skewed toward lower-margin product transfers.

Mortgage member firms increased to 1,960 and consulting member firms to 426.

Tatton said it would report its interim results on 18 November.

At 1300 BST, shares in Tatton Asset Management were up 0.56% at 724p.

Reporting by Josh White for Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE