Midas begins fund rationalisation

This will see its CF iimia Accelerated fund merged with the CF iimia Growth fund, under the new name CF Miton Select Assets portfolio. The CF iimia Growth and Income fund is also to be merged with the Miton Special Situations fund and the CF iimia Income fund will close and have its assets transferred to a new Global Income fund, to be managed by Sam Liddle. Nick Greenwood will manage the Select Assets portfolio, assisted by Martin Gray - who will also head up the merged Income and Special Situations vehicles, alongside James Sullivan. Greenwood says: "I am looking forward to combi...