View more on these topics

Milton aims to cover commodity exposure for global portfolio

Miton Investments is protecting the CF Miton global portfolio from volatility in its commodity exposure by buying a Barclays structured product linked to the prices of oil, copper and aluminium.

The product, which was originally designed for institutional investors, invests in a zero-coupon bond and options on the commodities market.

It will return 180 per cent of the growth in the commodity basket plus the original capital at the end of an 18-month term.

The Miton fund’s weightings in both the Investec global energy and JPMF global resources funds have been halved to 4 per cent from 8 per cent, while the Barclays product carries a 5 per cent weighting.

Miton is a firm believer in a bull market for commodities over the long-term and the Barclays product will be used for a short-term play on the market.

Fund manager Sam Liddle says: “The Barclays contract is a bit of a departure for us but, generally speaking, structured products have become more acceptable. They have appeal in volatile areas like commodities and in cash when the returns are currently unexciting.”


Towry supplies Sainsbury

Towry Law has signed a deal to provide its online financial advice system My Financial Friend to Sainsbury employees.

Natixis video: Making smarter use of asset classes

Content supplied by Natixis Global Asset Management This video from Natixis Global Asset Management focuses on Active Share. One strategy for the smarter use of equity investments is ensuring you get what you pay for. According to the company, looking at Active Share can give you a better perspective on where performance comes from. Active […]


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