Midas outlines its seven-strong post merger fund range

Midas Capital has outlined a seven-strong fund range following its recent merger with iimia and Mito...

Midas Capital has outlined a seven-strong fund range following its recent merger with iimia and Miton Optimal, with manager Tom McGrath also leaving the group. The core range will be rebranded over the summer, subject to FSA approval. Miton Arcturus will become Midas Target Return, with Steve Brann remaining as lead manager. Martin Gray steps in to replace departing co-manager McGrath and will work alongside existing co-manager Scott Campell. The £35m Miton Cautious Income fund will merge into Balanced Income, run by Alan Borrows. According to the group, the two had very similar r...