Tatton AM’s momentum shows no sign of abating. Assets Under Management/Influence (AUI)
jumped 18% in H1 to a record £25.8bn; ahead of our forecast growth and well on track to meet
Tatton’s medium-term target of £30bn by end-FY29 (page 3). Net flows were again very strong,
adding £1.7bn to AUM (£281m/ month), with the net inflow rate far higher than peers (page 2)
and above Tatton’s guidance for FY26 (£200-£250m/ month). Investment returns added £2.1bn
(+9.9% over 6 months, in line with the MSCI PIMFA Private Investors Balanced Index).