Former New Star CIO Alan Miller will be focusing solely on exchange traded funds at his latest ventu...
Former New Star CIO Alan Miller will be focusing solely on exchange traded funds at his latest venture, Spencer-Churchill Miller Private. The investment boutique, a joint venture between Miller and socialite Alexander Spencer-Churchill, launched in March and will offer clients two investment portfolios based entirely on ETFs. The first, run similarly to a managed pension fund, will have a target asset allocation of 70% equities, 22.5% bonds and 7.5% cash. The second portfolio will be an absolute return offering and will have a target return of cash plus 5%.
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