The decision puts Premier Miton into the ‘global partner’ group of asset managers used by Quilter to offer sub-advised funds not always available to retail investors.

"These sub-advised funds are predominantly used in the Old Mutual Wealth WealthSelect Managed Portfolio Service as well as in Quilter Investors’ multi-asset solutions,” the firm said, adding that it has been impressed with Premier Miton’s “ambition and results to date.”