MAM Funds is set to move four of its portfolios, including Martin Gray's £784m Special Situations fund, into different IMA sectors which better suit their investment mandates.
The CF Miton Special Situations and CF Miton Strategic will both move from the IMA Mixed Investment 40-85% Shares sector into the Flexible sector. CF Miton Global Growth and CF Miton Select Assets will both move from the IMA Flexible sector to the Global sector. The changes are effective from 18 June. Graham Hooper, distribution director, said the changes follow the IMA’s revision to its Managed sectors earlier this year. “We are moving the CF Miton Special Situations and Strategic Portfolios to the Flexible Investment sector as this is the only one of the mixed asset sectors wh...
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