Trading Statement for 12 months ending 31 March 2019

16 April 2019

Tatton Asset Management plc (AIM: TAM), the on-platform discretionary fund management (DFM) and IFA support services business, is today providing an unaudited update for the 12 months ended 31 March 2019.
The Group has continued to grow revenue and adjusted operating profits* against the backdrop of a complex and challenging market environment and expects to report revenue and operating profits within the range of analyst estimates.

Highlights

Tatton Investment Management sustained a strong performance in to the second half of the year. The year ended with assets under management (AUM) of £6.1 billion at 31 March 2019 (31 March 2018: £4.9 billion, 30 September 2018; £5.7 billion), an increase of £1.2 billion or 24.5% for the financial year and £0.4 billion or 7.0% for the last six-month period.  
 
Net inflows were £1.1 billion over the last 12 months, an average of £92.5 million per month and £0.5 billion for the last six months, an average of £87.1 million per month.

Paradigm Mortgage Services continues to grow well, outperforming the growth of the mortgage market and continuing to gain market share.  Member firms increased to 1,393 at 31 March 2019 (31 March 2018: 1,219), a 14.3% increase year-on-year.  Paradigm Consulting increased its member firms to 390 (31 March 2018: 368) but has seen downward pressure on revenue from consultancy services and the impact of reduced flows on the Paradigm wrap platform.

Tatton Asset Management expects to report its results for the year ending 31 March 2019 on Monday 3 June 2019.

Paul Hogarth, Founder and CEO of Tatton Asset Management plc, said:

“I am very pleased with the performance of Tatton Investment Management which continues to increase AUM and attract net inflows in difficult markets.  The sustained growth in AUM and new firms using Tatton is confirmation that the service and proposition continue to resonate with IFAs and their clients by delivering consistent investment returns at a competitive market price. 

To the extent we are pleased with the Mortgage services performance we are disappointed with the lack of growth of Paradigm Consulting though it remains an important component of the Group’s strategic makeup.  The Group remains well positioned to achieve continued growth and deliver against its stated strategy”.

*Adjusted for exceptional charges and share based payments

News Archive

19 August 2019

New article from Tatton Investment Management: Market spat between bond and equity markets


11 August 2019

New article from Tatton Investment Management: Bond markets unnerve equity markets - again


5 August 2019

New article from Tatton Investment Management: The Elephant and the Little Old Lady


29 July 2019

New article from Tatton Investment Management: The quick and the not-so-quick


22 July 2019

New article from Tatton Investment Management: ...'Twere well it were done quickly


15 July 2019

New article from Tatton Investment Management: Positioning for a summer of wait and see


8 July 2019

New article from Tatton Investment Management: Liquidity drives stock markets to new highs


1 July 2019

New article from Tatton Investment Management: The middle of the year - a tipping point?


24 June 2019

New article from Tatton Investment Management: Battle of the ‘doves’


17 June 2019

New article from Tatton Investment Management: Mixed messages


10 June 2019

New article from Tatton Investment Management: The return of the central bank put?


3 June 2019

Appointment by Tenet Group


3 June 2019

Appointment by Frenkel Topping


3 June 2019

Preliminary Results For the year ended 31 March 2019


3 June 2019

New article from Tatton Investment Management: Bond rally musings


27 May 2019

New article from Tatton Investment Management: It is getting warmer


20 May 2019

New article from Tatton Investment Management: Market support for Trump or unwarranted equanimity?


13 May 2019

New article from Tatton Investment Management: Geopolitics re-enter market stage


7 May 2019

New article from Tatton Investment Management: Central banks disappoint expectations


29 April 2019

New article from Tatton Investment Management: Waning market stimuli put stock markets on notice


23 April 2019

New article from Tatton Investment Management: Spring time from here?


16 April 2019

Trading Statement for 12 months ending 31 March 2019


15 April 2019

New article from Tatton Investment Management: Brexit in-limbo aside sentiment is improving


8 April 2019

New article from Tatton Investment Management: Happy 10th birthday, choppy bull market


1 April 2019

New article from Tatton Investment Management:29 March 2019 – quarter end


25 March 2019

New article from Tatton Investment Management: Brinkmanship and extensions


18 March 2019

New article from Tatton Investment Management: Bits & Pieces


11 March 2019

New article from Tatton Investment Management: ECB stimulus U-turn leaves markets unimpressed


4 March 2019

New article from Tatton Investment Management: £-Sterling ‘applauds’ prospect of Brexit delay


25 February 2019

New article from Tatton Investment Management: Progress?


18 February 2019

New article from Tatton Investment Management: Investment perspectives for different Brexit outcomes


15 November 2018

Interim Results for the six months ended 30 September 2018


15 October 2018

New article from Tatton Investment Management: Autopsy of a stock market sell-off


1 October 2018

New article from Tatton Investment Management: Poor politics containing bond market risks?


27 September 2018

New article from Tatton Investment Management: Brexit clamour vs. real market new


7 September 2018

New article from Tatton Investment Management: Interesting times ahead


31 August 2018

New article from Tatton Investment Management: “Not the end of the world”


24 August 2018

New article from Tatton Investment Management: Steady markets vs. noisy politics


17 August 2018

New article from Tatton Investment Management: Political strongman tactics come home to roost


10 August 2018

New article from Tatton Investment Management: Summer heat wave makes way for return of political he


3 August 2018

New article from Tatton Investment Management: A gentle deceleration?


27 July 2018

New article from Tatton Investment Management: Hot air for a hot summer?


20 July 2018

New article from Tatton Investment Management:Earnings are growing, why worry?


13 July 2018

New article from Tatton Investment Management: Hard Brexit demonstration potential?


6 July 2018

Notice of Annual General Meeting


6 July 2018

New article from Tatton Investment Management: It is getting hot


29 June 2018

New article from Tatton Investment Management: Digesting or consolidating?


27 June 2018

Preliminary Results for the year ended 31 March 2018


22 June 2018

New article from Tatton Investment Management: Fragile recovery


15 June 2018

New article from Tatton Investment Management: No surprises


8 June 2018

New article from Tatton Investment Management: Delicate equilibrium


1 June 2018

New article from Tatton Investment Management: Ignore politics at your peril


25 May 2018

New article from Tatton Investment Management: GDPR? No - far more interesting news!


18 May 2018

New article from Tatton Investment Management: What's the economic reality of this week's news?


11 May 2018

New article from Tatton Investment Management: Batten-down-the-hatches?


4 May 2018

New article from Tatton Investment Management: Past the peak?


27 April 2018

New article from Tatton Investment Management: Confusing signals?


20 April 2018

New article from Tatton Investment Management: A mixture of messages


6 April 2018

New article from Tatton Investment Management: Could do better


6 April 2018

New article from Tatton Investment Management: Peaking, plateauing or dimming – and how about that


29 March 2018

New article from Tatton Investment Management: End of a stormy quarter


23 March 2018

New article from Tatton Investment Management: Now we know it's risky!


16 March 2018

New article from Tatton Investment Management: Back to Normal?


9 March 2018

New article from Tatton Investment Management: Tariffs to growth


2 March 2018

New article from Tatton Investment Management: Time to take some profits


23 February 2018

New article from Tatton Investment Management: Change of direction or gradual normalisation?


16 February 2018

New article from Tatton Investment Management: Breathing easier for the moment


9 February 2018

New article from Tatton Investment Management: Meteoric stock markets crash bac


6 February 2018

Tatton Investment Management's Stock Market Correction Assessment


2 February 2018

New article from Tatton Investment Management: Good news turns bad news - again!


26 January 2018

New article from Tatton Investment Management: Surprises


19 January 2018

New article from Tatton Investment Management: US$ weakness versus Bitcoin and Carillion


12 January 2018

New article from Tatton Investment Management: Bullish sentiment rings alarm bells


5 January 2018

New article from Tatton Investment Management: Encouraging kick-off


15 December 2017

New article from Tatton Investment Management: 2017 - taking stock


8 December 2017

New article from Tatton Investment Management: Progress versus Bitcoin


5 December 2017

Interim results for the six months ended 30 September 2017


1 December 2017

New article from Tatton Investment Management: Sudden, but not entirely unexpected


24 November 2017

New article from Tatton Investment Management: Invincible markets?


17 November 2017

New article from Tatton Investment Management: Yield-curve flattening: a bad omen?


10 November 2017

New article from Tatton Investment Management: Nervous investors herald more volatile markets


3 November 2017

New article from Tatton Investment Management: UK rate rise: ‘one and done’ or beginning of rate


27 October 2017

New article from Tatton Investment Management: Trick or treat season


13 October 2017

New article from Tatton Investment Management: All-time highs and Q3 results outlook: Reasons to be


6 October 2017

New article from Tatton Investment Management: Bad news – good news


29 September 2017

New article from Tatton Investment Management: Movements


22 September 2017

New article from Tatton Investment Management: QT to reverse QE and 2-year transition period to soft


15 September 2017

New article from Tatton Investment Management: BoE guides for year-end rate hike - Bluff or real?


8 September 2017

New article from Tatton Investment Management: ‘Back to school’ amidst hurricanes, earthquakes


1 September 2017

New article from Tatton Investment Management: Bad news, Good news


25 August 2017

New article from Tatton Investment Management: Summer low or summer lull?


18 August 2017

New article from Tatton Investment Management: More sellers than buyers


11 August 2017

New article from Tatton Investment Management: Stocks take note of North Korea crisis - or do they?


4 August 2017

New article from Tatton Investment Management: Consolidated base but momentum dwindling


28 July 2017

New article from Tatton Investment Management: Summer thoughts about the ‘longer term’


21 July 2017

New article from Tatton Investment Management: Summer lull - delayed


14 July 2017

New article from Tatton Investment Management: Pre summer-holiday investment check


7 July 2017

New article from Tatton Investment Management: Global growth ploughs on while markets take a breathe


23 June 2017

New article from Tatton Investment Management: Quo Vadis Britain?