View more on these topics

MAM Funds to rename funds under Miton brand

MAM Funds is to rebrand all its funds under the Miton label by the end of the year.

The firm currently operates funds under three brands including Miton, Midas and Acuim, following a number of mergers over the past five years.

The news, which was revealed by Fundweb in October, will see funds branded Midas and Acuim placed under the Miton tag this month.

The Acuim UK Multi-Cap Income fund will be rebranded to CF Miton UK Multi-Cap Income fund on December 14.

The CF Midas Balanced Growth fund will be renamed CF Miton Diversified Growth and the CF Midas Balanced Income fund will become CF Miton Distribution fund. Both changes will be made on December 31, subject to regulatory approval.

The Midas Capital Partners Limited regulated subsidiary, under which the Midas and Acuim funds operate, will also change to become Miton Capital Partners Limited on 14 December 2012.

The CF Miton Select Assets Fund changed its name to CF Miton Worldwide Opportunities fund on 24 October 2012, while the CF Miton Arcturus fund will change to CF Miton Total Return fund on 28 December 2012.

MAM Funds Distribution director Graham Hooper says: “As we continue to grow and develop, we believe that clarity and simplicity are key to our continued progress and success. By moving to a single, unified retail brand and clarifying fund names, we believe it will make it clearer for both our intermediary and end customers.”

MAM Funds was founded in 2001 as private client investment manager iimia. In 2007, it merged with fund manager MitonOptimal Group and became iimia MitonOptimal.

In 2008, the firm merged with fund manager Midas Capital Partners and became Midas Capital. The parent company changed its name to MAM Funds in July 2010.


Autumn Statement pension planning opportunities

The seemingly never ending change to pension legislation was exacerbated by last week’s Autumn Statement. The Government’s focus on containing the costs of pension tax relief was highlighted by a two- pronged attack on the annual amount of future relievable pension savings and a further reduction on the lifetime allowance. It is good news from […]

SMI scheme extended until 2015

The Support for Mortgage Interest scheme, due to expire next month, has been extended until 2015/16. The extension of the scheme, announced in last week’s Autumn Statement, will cost an extra £10m in 2012/13, followed by £95m in 2013/14 and £90m in 2014/15. The scheme is designed to provide short-term help to people suffering a […]

Mortgage brokers: ‘Don’t join the industry’

Almost 80 per cent of mortgage brokers would not recommend people join the industry, according to Money Marketing’s sister title Mortgage Strategy. A straw poll last week shows of the 244 respondents, 192 or 79 per cent say they would not recommend becoming a mortgage broker. London & Country head of communications David Hollingworth says […]


Standard Life plans ‘simplified’ platform for advisers

Standard Life plans to offer a simplified version of its wrap for IFAs who do not want to sign up to its full wrap service but have clients on the platform. The provider currently considers a number of factors when deciding whether an adviser firm can adopt its platform, including their “strategic commitment” to adopt […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm