Miton’s Ford and Grieves launch US smaller companies fund
Miton has announced it will launch a US smaller companies fund under Nick Ford and Hugh Grieves.
Miton has announced it will launch a US smaller companies fund under Nick Ford and Hugh Grieves.
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Miton Group has extended its multi-asset range by launching the LF Miton Balanced Multi Asset fund.
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Shares in Miton took off Friday morning after it hinted that profits for the full-year are “expected to exceed current market expectations”.
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This time it really could be different for markets according to Miton’s multi-asset manager David Jane, who argues investors are in for long-periods of low volatility rather than boom and bust.
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Liontrust has hired Miton’s Ian Chimes as head of global distribution, reporting to chief executive John Ions.
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With the European Central Bank confirming it is holding interest rates at rock bottom levels, Miton’s Anthony Rayner has posed the question as to whether it is time to turn to a different weapon in the fight to generate some momentum in the eurozone economy.
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Miton’s share price fell 28% following news of George Godber and Georgina Hamilton’s planned exit from the firm.
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Investors need to sidestep the minefield created by the rush for yield said David Jane.
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The demand for UK small-cap investment trusts has increased markedly since May, amid slow growth and short term volatility in global markets, suggests data from QuotedData.
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As UK’s political landscape becomes increasingly uncertain, taking brave currency positions is not a wise move at the moment, according to Miton.
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Miton is launching the CF Miton European Opportunities Fund on 14 December.
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Miton has hired Thomas Brown to its investment team as a European equities fund manager.
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