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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