Premier redemptions slow despite ‘difficult’ market
Premier Asset Management delivered positive net flows of £411m and lower redemptions over the first half of the year, despite what it called “a more difficult market environment”.
Premier Asset Management delivered positive net flows of £411m and lower redemptions over the first half of the year, despite what it called “a more difficult market environment”.
Premier Asset Management has increased the number of equity holdings across its Diversified fund after taking profits and reducing position sizes in several richly-valued stocks.
Premier Asset Management has reported its 19th consecutive quarter of inflows, which boosted assets under management (AUM) to £6.4bn.
Premier Asset Management has taken steps to reduce equity risk in its Premier Diversified Fund, including buying put options, increasing the number of holdings and upping cash exposure.
Bitcoin fell 25% on Friday morning, just days after hitting a fresh high $20,000 (£14,948).
Despite seeing higher redemptions, Premier Asset Management grew its assets under management (AUM) beyond the £6bn mark over the year.
Jerome ‘Jay’ Powell will replace Janet Yellen as chair of the Federal Reserve.
Premier Asset Management has reported strong growth in assets under management (AUM), following the 18th successive quarter of positive net inflows.
Premier Asset Management is shunning conventional bonds in favour of specialist lending vehicles in its multi-asset portfolios on the back of the former’s poor risk/return characteristics.
Premier Asset Management has reported its assets under management grew to £5.84bn at the end of June, after the 17th consecutive quarter of positive net inflows.
Last night’s result is merely paving the way for a “matrix” of political outcomes just 10 days before Brexit negotiations are due to start.
Premier Asset Management has revealed plans to expand the remit of its current utilities portfolio to create a new global infrastructure fund.