Miton Global Opportunities trust issues new shares to meet demand

Issued 50,000 new shares

Mike Sheen
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Miton Global Opportunities portfolio manager Nick Greenwood
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Miton Global Opportunities portfolio manager Nick Greenwood

Miton's £69.7m Global Opportunities trust, managed by Nick Greenwood, has issued 50,000 new shares to meet growing investor demand.

Shares were issued at a price of 274.25p per share, bringing the trust's total number of ordinary shares in issue to 25,329,985. Miton Global Opportunities trust overhaul boosts performance Over five years, the share price is up by 104.6%, while over the last 12 months its discount has narrowed from -7.4% to a premium of 1.7%, as of 16 October. The trust is up 33.9% year-to-date, beating its benchmark AIC Flexible Investment sector, which has returned 14.9% over the same period, according to FE. Commenting on the share issuance, Greenwood said: "There have been significant struc...

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