Wealth and Asset Management
Miton's AUM surge 73.5% on back of PSigma acquisition
Miton Group saw assets under management surge by 73.5% to £3.1 billion in 2013 on the back of its acquisition of PSigma. Pre-tax profits fell 22.2% from £900,000 to £700,000, although net revenues surged by 29.3% to £15 million, up from £11.6 billion in 2012.
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