AIM-listed asset manager Miton today published its results for 2018 and reveal the company is still finding success where its larger peers are struggling.

Over the course of 2018, the firm increased its assets by 14 percent, ending 2018 with £4.4 billion in AUM.

On a year-on-year basis, the firm enjoyed a massive upsurge in inflows into its products, seeing over £1 billion in net new money last year. This is huge improvement on the £497 million of inflows in 2017.

In terms of the firm’s funds, 81 percent are first or second quartile and its equity fund range grew by 27 percent to end the year with over £3 billion in AUM.

Other successes for the firm’s range included its LF Miton UK Multi Cap Income Fund which saw its assets increase by 25 percent to £1.3 billion.

While Europe may be out of favour according to some fund managers, LF Miton European Opportunities Fund celebrated its three-year anniversary in December and is the best performing fund in the IA Europe sector over three years and since launch according to the firm. Its AUM grew by 101 percent on a year-on-year basis and now stands at £364 million, bringing in £210 million of inflows last year alone.

The firm launched its LF Miton US Smaller Companies Fund in March and finished the year as the second-best performing fund in the IA US Smaller Companies sector since inception. It ended the year with £626 million in AUM.

David Barron (pictured), Chief Executive Officer of Miton, told Fundeye: " People want differentiation from the norm and want us to manage both the return and risk sides. We get income across the UK market, mix of AIM stocks and large cap. We’ve created an uncluttered environment here with very effective distribution.”

The results were better than analysts at brokers such as N+1 Singer were expecting.