MAM Funds

MAM Funds saw its funds under management climb 9% year on year, according to its interim results for the first half of the year, released today.

Darwin's David Jane, JPM's Nick Gartside, MAM's Martin Gray, and Andrew Cole of Barings look at the similarities and differences between today's market and economic backdrop and the crisis that followed the Lehman collapse in 2008.

Miton Special Situations manager also warns gold is ‘dangerous' at current levels

Chaos in markets across the globe this week following heavy sell-offs prompted some commentators to warn of a new credit crunch, and left investors desperately seeking safe assets.

MAM Funds has closed Sam Liddle's CF Midas Global Income fund after assets dwindled to the point it was no longer economical to run.

MAM Funds has promoted analyst Mark Wright to deputy manager of the CF Midas Balanced Growth fund, lead managed by Simon Callow.

Three MAM Funds portfolios, including Martin Gray's £619m Miton Special Situations fund, hold a total 12% stake in Gervais Williams' Diverse Income trust, which listed in April.

Collins Stewart's Martin Turner has today joined MAM Funds as co-manager of Gervais William's Diverse Income trust.

MAM Funds' Martin Gray is holding 40% in cash in both his multi-asset funds due to a "lack of opportunities" in markets.

Gervais William's first launch through MAM Funds in his new role as managing director has met its capital raising target of £50m.