MitonOptimal is to launch an absolute return-style fund of funds designed to cope with bear market c...
MitonOptimal is to launch an absolute return-style fund of funds designed to cope with bear market conditions, with freedom to allocate across several asset classes. CF Miton Arcturus will use equities, bonds, commercial property, hedge funds, private equity and structured products to deliver a target annual return of Libor plus 3%. Managed by Tom McGrath, Sam Liddle and recent recruit Steve Brann, the fund will sit within the Cautious Managed sector. Launched as a non-Ucits retail scheme (Nurs), it will make full use of the wider investment powers available under Coll to focus on downsid...
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