Tatton Asset Management Plc (LSE:TAM) reported annual net inflows of £2.8 billion, outperforming expectations and indicating that full-year results are likely to come in at the upper end of market forecasts. Analysts noted that flows exceeded their projections, reinforcing the strength of the group’s performance over the period.
Total assets under management and influence increased 11% year-on-year to £24.2 billion for the year ended 31 March. Monthly net inflows averaged £234 million, in line with guidance, with momentum building in the second half, where inflows rose to £242 million per month compared with £225 million in the first half.
Investment performance and market movements contributed £2.456 billion during the year. However, a previously disclosed client mandate loss led to £3.329 billion in outflows in January 2026. Excluding this impact, underlying assets under management grew by 26.8%, highlighting the strength of core business inflows.
The group also expanded its distribution network, adding 108 independent financial adviser firms to reach a total of 1,218. Its Paradigm mortgages division delivered £17.5 billion in lending completions, up from £14.2 billion a year earlier, while the number of mortgage member firms increased to 2,014 from 1,915.
Analysts at RBC Capital Markets said underlying net inflows were around 10% ahead of their £2.5 billion estimate, with total assets under management and influence exceeding their forecast by approximately 3%. They also noted stronger inflows in the second half and suggested that the company would need lower monthly inflows than current levels to achieve its £30 billion target by 2029.
Chief executive Paul Hogarth said “against a volatile and challenging macroeconomic and geopolitical backdrop, I am particularly pleased with the consistency of our underlying net inflows throughout the year, with a stronger second half contributing to a full-year average of £234 million per month and at the top of our guidance range.”
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