Simon Callow took over as lead manager of the portfolio from Alan Borrows last year.
At the same time the group recently closed its Miton Global Income portfolio, citing it was subscale at around £5m to continue devoting resources to its management. Sam Liddle, who managed the fund, continues as lead manager of the group’s Miton Global Growth and Cautious Income portfolios.
Gervais Williams, managing director of MAM Funds, says Wright has been supporting Midas funds from a research perspective for five years.
Although Borrows stepped back from the Balanced Growth portfolio he, along with Richard Parfect, continue to work together on the CF Midas Balanced Income Fund.
