Miton has said two of its strategies are approaching capacity after a surge in inflows in the latter half of 2015.
In a trading update for 2015, the firm said it had seen £463m of net inflows into funds, bringing assets under management to £2.7bn, up from £2bn at the start of 2015. Some £573m went into equity funds and £52m into investment trusts although there were £162m outflows from the multi-asset funds. The CF Miton UK Value Opportunities, run by George Godber and Georgina Hamilton, saw the greatest inflows with assets rising from £211m to £783m. This fund will be merged with the FP Miton Undervalued Assets fund on 8 February, subject to shareholder approval. The firm also said the CF Mito...
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