Miton-Midas merger makes more sense

Last week's proposed merger between MitonOptimal and Midas highlights a recent trend of consolidatio...

Last week's proposed merger between MitonOptimal and Midas highlights a recent trend of consolidation in the multi-manager space and an interesting reversal of the boutique culture. With Miton and iimia only coming together last year, the merged group will offer a much larger single proposition where three smaller players used to be. As separate companies, the three boutiques were all successful, but the consolidation cuts down on obvious competition and grows their market share. If someone was previously looking for strong asset allocation in their multi-manager and has a penchant for ...