25 January 2013
Miton, the asset manager formerly known as MAM Funds, today said that its 2012 profits would be ahead of market forecasts of £3.4 million before tax.
Executive chairman Ian Dighé said: “Miton has had a very active and profitable year. We have stepped up the investment in and the trajectory of the business and expect to continue this strategy in 2013.”
Assets under management rose 7.1% last year to £1.79 billion. The shares gained 1.5p to 30p.
