Miton to rename refocus multiasset funds
Miton plans to rename its Strategic and Special Situations portfolios, and refocus the Strategic portfolio to better reflect the style of manager David Jane.
Miton plans to rename its Strategic and Special Situations portfolios, and refocus the Strategic portfolio to better reflect the style of manager David Jane.
Martin Gray is to retake the reigns on the offshore MitonOptimal Special Situations Fund on 1 January next year after his new company Coram Asset Management was awarded the funds mandate.
Gray will oversee multi-asset portfolios in Corams UCITS IV fund range alongside Sullivan, also a director and senior fund manager at Coram, with whom he shares a seven-year working relationship
Charles Stanley is selling the FP Matterley Undervalued Assets Fund to Miton for an undisclosed fee.
Mitons recent new hire David Jane has wasted no time in applying his views to the range of funds he oversees following his move to the firm in June.
In the six months to end June, Miton Asset Management saw £258m in outflows from its multi-asset funds.
Psigma Income Fund manager, Bill Mott will retire at year end to be replaced by Eric Moore.
The two firms are the FTSE 100's top performers today (3 Jan) as it is the bargain stores that are winning the UK retail battle.
Gervais Williams is to join the management team of the PSigma Income Fund following Miton’s acquisition of PSigma earlier this summer.
Gervais Williams has taken out protection on roughly a third of his Diverse Income Trust portfolio.
Miton Group is set to introduce a new share-based incentive plan aimed at attracting and holding on to its top talent.
Gervais Williams is to take over management of The Investment Company, and will be given an investment mandate in line with his usual style in a bid to improve the fortunes of the floundering company.