Multi-asset Review: Why Miton needed to be 'genuinely active'

The Miton multi-asset range is built on the simple premise that, if a fund is going to be labelled ‘active', it needs to be properly active. That strategy is easier said than done in the risk-managed world of multi-asset funds, where asset allocation may be more of a function of the models set out by analysts than the manager's belief in likely future performance.  David Jane, who - alongside Anthony Rayner - manages the four funds in the range, says: "Recent years have seen the grinding rise of indexation, led by ultra-large businesses. As a boutique, we had to decide on our strategy...