Iimia MitonOptimal has revealed the new name of its combined multi-manager business, Miton Asset Management.
The new brand follows the merger between iimia Investment Group and MitonOptimal Group on 23 October. Miton says the funds will be run within one of three approaches: Tactical opportunities, asset allocation driven funds managed without benchmark reference Benchmark aware, not constrained in asset allocation but managed to exceed sector averages. Specialist, each fund has its own investment style and objective “This merger is a story of strength and growth in the multi-manager marketplace,” iimia MitonOptimal chief executive Mike Phillips says. “We plan to establish the brand and ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes