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Tatton Asset Management shares rise as funds under management climb

ALN

Tatton Asset Management PLC on Tuesday hailed ‘record net inflows’ as it reported an increase in funds under management.

The Cheshire-based on-platform discretionary fund management and independent financial adviser support service said assets under management as at March 31 increased 38% to £17.60 billion from £16.55 billion at April 1, 2023.

The company highlighted that net inflows rose to a ‘record’ £2.30 billion in the financial year ended March 31, up 28% from £1.79 billion it had reported for a year prior.

Tatton will release its annual results on June 18.

Tatton shares rose 5.0% to 583.90 pence each on late Tuesday morning in London.

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