PRESS RELEASE: Martin Gray to continue as a director of MitonOptimal Guernsey Limited. This clarification follows today’s announcement of the resignation of Martin Gray as a Director, from the Board of Miton Group PLC.
Following the London Stock Exchange announcement this morning, and to provide clarity, Martin Gray has not resigned from MitonOptimal Guernsey Limited. He has been a director of MitonOptimal since 2005 and intends to remain so.
This is not to be confused with the announcement by Miton Group PLC (“Miton”) today that Martin Gray has resigned.
As further clarification and to avoid any confusion between the two groups, MitonOptimal bought the offshore fund management operations of Miton Group PLC, formerly MAM Funds PLC, in December 2009. Since then MitonOptimal has grown the business and is now a well-established and separate specialist global multi asset management company, with offices in Guernsey, South Africa, Singapore and the Isle of Man. The business offers a range of multi-asset management funds and discretionary fund management (DFM) advisory services to intermediaries and institutional investors in each region.
MitonOptimal has an exclusive marketing agreement with Miton Group PLC, which includes the distribution of the CF Miton Special Situations Fund and includes our own Fund, the MitonOptimal Offshore Special Situations Fund, managed by Martin Gray.
In today’s announcement Miton Group PLC advised that David Jane has been appointed fund manager. The announcement further stated that David has a strong long-term multi-asset track record, and that the Miton multi-asset business has a history of delivering attractive long-term returns to clients, along with careful attention to preserving capital, particularly at times of market setbacks.
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