Tatton sees growth in all divisions

Tatton sees growth in all divisions

Tatton Asset Management reported a 16.3 per cent increase in assets under management for its investment management unit, while there was also growth in the mortgage and adviser services businesses.

The investment management business reported growth in assets under management for the six months to September 30 of £5.7bn, an increase of £800m, or 16.3 per cent on the same period last year.

The mortgage services business, Paradigm, has 1,290 broker members, an increase on the 1,219 it had previously. Paradigm functions as a network for mortgage brokers.  

The adviser services business, Paradigm Partners, increased its number of members to 382, from the previous 368.

The company expects to present its interim results on 15 November, and said it is trading in line with expectations.

Paul Hogarth, founder and chief executive of Tatton, said: "We have delivered a good start to the year and we remain confident of achieving further progress through the rest of the financial year.  

"We are pleased with the continued growth of our assets under management which is a further endorsement of our DFM proposition that both lowers the cost of investment and delivers against given investment objectives while maintaining the highest investment management standards."