Asset management company Miton reported an increase in assets under management (AUM) to £3.8bn for the year to the end of December 2017.
That represented an increase of around 30 per cent during the year.
David Barron, chief executive of Miton, said inflows to the company's European and US strategies had helped to drive the returns.
He said: "Miton has maybe sometimes been viewed as a UK focused investment firm. So it is pleasing that the US fund and European fund we run have contributed significantly to the inflows."
The growth was driven by net inflows of £494m in 2017, compared with just £1m in 2016.
It was in 2016 that George Godber and Georgina Hamilton resigned from their roles managing the UK Value Opportunities fund, which promptly lost around half a billion of its assets.
In the annual report, Miton noted that this fund now has assets of around £360m.
Mr Barron noted that Miton have launched three funds in the past year, and said "there is nothing immediately in the pipeline" in terms of more fund launches.
He said that while "the dust has settled on the implementation of Mifid II, there are other regulations to come in this year, including General Data Protection Regulation (GDPR)."
Mr Barron said he expects long-term downward pressure on the fees that active fund managers can charge, and acknowledged this is partly a function of the pressures on fees that Miton's clients, including advisers, face with their own fees.
Miton's profit increased by 33 per cent to £6.8m, from the previous level of £5.1m.
The company reported an increased dividend of 1.4p, an increase of 40 per cent on the previous year.
Stuart Duncan, an analyst at Peel Hunt, said: "Miton has this morning reported a strong set of final results that were ahead of our already upgraded expectations."
david.thorpe@ft.com
