The board of MIGO Opportunities has appointed Asset Value Investors (AVI) as its new AIFM and investment manager, meaning it will return under the leadership of its former co-manager Charlotte Cuthbertson, who joined the firm earlier this month.
MIGO will maintain its existing investment objective and policy and there will be no change to its discount management policy or fee structure. The move comes after former manager Nick Greenwood, of Premier Miton, resigned from the company as well as the investment trust earlier this year. This triggered the board of MIGO to serve Premier Miton with a six months' protective notice on its investment management agreement. AVI was chosen to take over following detailed shareholder engagement and a rigorous selection process, as part of the manager review announced in March. Nick Gr...
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