PREMIER MITON GROUP PLC (PMI) — Interim Results

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen. Welcome to the PREMIER MITON GROUP PLC investor presentation. Questions are encouraged. They can be submitted at any time via the q and a tab that's just situated on the right hand corner of your screen. Please just simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today and will publish our responses where it's appropriate to do so on the investor meet company platform. Before we begin, as usual, we would decide to submit the following poll. Poll. If you could give that your kind attention, I'm sure the company would be most grateful. And I'd now like to hand you over to the executive management team from PREMIER MITON. Mike, good afternoon, sir. Thank you very much indeed, and hello, everyone. Thank you for joining us. I'm Mike O'Shea. I'm the Chief Executive Officer of PREMIER MITON and I'm joined today by Piers Harrison, our Chief Financial Officer. We are presenting our interim results for the half year ended 03/31/2026. I'll take you through the business and the strategic update, and then Piers will cover the financial section before I return at the end to draw those those key themes together. At a high level, this has been a difficult period in which we have responded to performance driven outflows with disciplined action. Closing assets under management were 9,000,000,000 at the 03/31/2026, and AUM remains at 9,000,000,000 as at the May 29 reflecting positive market movements offsetting net outflows. The business has continued to see inflows into our fixed income and retirement income franchises while net outflows have continued to be driven primarily by our US equity str...