Membership of the quirkiest club in global central banking just lost some of its cachet. South Africa’s Reserve Bank is one of a handful around the world still owned by shareholders, and that eccentric structure has just become another stick to beat it with after the ANC mooted ending the arrangement. The party’s policy conference approved
Following the group’s recent growth and expanding number of strategic Discretionary Fund Management (DFM) partnerships with various international advisory groups, the MitonOptimal Group is pleased to announce a DFM Agreement with Friends Provident International (‘FPI’) that allows it to operate and manage clients’ assets on their preferred custodial platform. Simon Sharrott, Director and Portfolio Manager
Coram Asset Management, part of the MitonOptimal Group of companies, is to acquire the business of Minerva Fund Managers, a UK specialist discretionary fund manager (subject to regulatory approvals). The transaction brings together two experienced investment teams and will enable Coram to expand its offering into the model portfolio market (MPS), incorporating expertise in Socially
Novia Global, the Bath, England-based international platform business, is today pulling the wraps off a new platform ‘functionality’ it’s quietly developed exclusively for the international trusts industry – which, Novia Global chief executive Bill Vasilieff says, actually requested it. The reason they asked for it, he explains, is because trust industry practitioners typically struggle with the
MitonOptimal International, the international portfolio management division of the MitonOptimal Group, announced the launch of a new partnership with international platform provider Novia Global. The new relationship sees the launch of five risk-rated discretionary (DFM) portfolios, managed by MitonOptimal, on the new Novia Global platform. Phil Penrose, International Sales Director of MitonOptimal, commented “Novia Global’s entry
Market wobbles make you realise how little ordinary investors know about the markets, bringing to the fore the challenge we face as an industry to communicate, writes Lawrence Gosling. “You are looking very relaxed,” said the electrician I met on holiday. “Well, I am on holiday,” I said, as we sat in the pub watching
MitonOptimal Portfolio Management (CI) Limited (Registration No. 36763) is licensed and regulated by the Guernsey Financial Services Commission under the Protection of Investors (Bailiwick of Guernsey) Law 1987, as amended.