Miton Asset Management multi-manager Martin Gray says he to keep a large weighting in cash as he admits he is “struggling” to find good value in the market. Gray, who is holding 25.50 per cent of the £870m Miton Special Situations Portfolio in cash, says: “We are struggling to find value out there in anything. With all this new money coming into the market it is easy to see asset prices going up.
Jon Yarker – Money Marketing – 26 September, 2013
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