Ex-pension fund leads sector over three years

Leader uses a strategy of balancing equity holdings with non-correlated assets such as cash and bonds

Click here to download raw data Former pension product Miton Special Situations has topped the Balanced Managed sector over three years, making a bid to bid return of 90.44% to the end of October, according to S&P. Over the same timeframe, the average fund in the sector grew by 43.67%. Managed by Tom McGrath and Martin Gray, the vehicle began in 1998 as the RFM Pension Strategy fund but was allowed to keep its six-year track record when it launched into the retail market last October. Looking at the 12 months it has been a retail product, the fund is actually fourth in the peer group...