Jane reveals plan to improve poor Miton multi-asset returns

David Jane, founder of Darwin Investment Managers, is planning to diversify the Miton multi-asset funds and utilise excess cash to improve on recent poor returns.

Earlier this week it was announced that Darwin would be acquired by Miton and that Jane (pictured) has taken a new role managing the latter's multi-asset funds, replacing Martin Gray. These funds include the £742m Miton Special Situations fund, £181m Miton Strategic Portfolio, £14m Miton Total Return fund and £5m Miton Global Diversified Income fund. However, the range has struggled in recent years due to Gray's bearish stance, with Special Situations failing to outperform its sector average over one, three and five years. Miton's sales and marketing director, Ian Chimes, said earl...