Coram AM LogoCoram 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 Responsible Investing (SRI).

James Sullivan, Director at Coram Asset Management, commented ‘We believe this deal brings numerous benefits to the MitonOptimal group, none more so than the enhanced level of service we will be able to deliver to our UK clients. Our expansion allows us to cater for those advisers who wish to have a more tailored proposition at their disposal, including model portfolio services. Additionally, with an increasing number of investors wanting to align their investments with their values, we also have the capability to provide SRI solutions. The team at Minerva bring an almost unrivalled 30 years of experience with them, and we’re delighted they have accepted our invitation to be part of the group’.

Paul Warner, Director at Minerva Fund Managers, commented ‘I am delighted that Minerva are joining with Coram and we look forward to leveraging off the wealth of investment expertise across the MitonOptimal group. Together, I believe we can offer our introducing IFAs and their clients an even better investment proposition. Minerva’s experience in managing model portfolios and SRI investing, coupled with Coram’s economic perspectives and experience in managing funds, will provide an enviable solution to IFAs and their clients.’

 

Notes:
Coram Asset Management is the UK subsidiary of the MitonOptimal Group. MitonOptimal is a specialist global multi-asset management company, with a presence in Guernsey, South Africa, United Kingdom, Isle of Man and Singapore. The Group offers a range of DFM, bespoke portfolio management, advisory services and fund management to intermediaries and institutional investors around the world.

Minerva Fund Managers is a UK discretionary fund management company established in 1990.

For all queries, please contact:
James Sullivan – Coram Asset Management, Director   +44 (0) 7971 324106
Mel Kennard – Coram Asset Management, Director   +44 (0) 7967 603364
Scott Campbell – MitonOptimal Group, Managing Director   +27 (0) 21 689 3579
Paul Warner – Minerva Fund Managers, Director   +44 (0) 7918 704380

 

 

Address

MitonOptimal International Limited
Suite 1, Weighbridge House,
Lower Pollet,
St. Peter Port,
Guernsey, GY1 3XF,
UK

Phone

+44 (0)1481 740044

Regulatory Information

MitonOptimal International Limited is registered in Guernsey (Registration No. 51561) and is the overlying holding company of the companies that make up the MitonOptimal Group.

STEP TMPI Logo