Midas to revamp and rebrand UK range

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Midas Capital has unveiled the seven UK vehicles which will make up the newly-merged entity's fund range.

Subject to regulatory approval, former iimia MitonOptimal branded funds will be uniformly renamed under Midas over the summer. The firm has also announced Tom McGrath will leave the firm. McGrath was the co-manager of the Miton Arcturus fund, which will be re-branded as the Midas Target Return. The fund will continue to run by lead manager Steve Brann, with existing co-manager Scott Campbell being joined by Martin Gray. Midas has also announced the Miton Cautious Income fund will be merged into the Alan Borrows-managed Midas Balanced Income fund. The Miton Cautious Income vehicle was fo...

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