View the article online at http://citywire.co.uk/wealth-manager/article/a730104
Seneca aims to double assets through Miton deal
by Elsa Buchanan on Jan 28, 2014 at 12:45
As part of its existing proposition, Seneca offers a Growth Capital EIS, Turnaround Investment and Private Equity funds.
In 2011 Seneca opened up its alternative fund range proposition to ultra-high net worth investors, financial advisers and private bankers. However, Eaton said he wanted to offer a broader proposition to intermediaries.
‘[The Miton team] knew us well, because we are local, and it was logical to us that the business didn’t fit as part of the London-based business.
‘Miton, which has been very successful with Gervais Williams, is very much a London business and it was tricky for them to run a business based out in Liverpool. It has always been managed separately from the Reading and London divisions,' Eaton explained.
News sponsored by:
As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
Today's top headlines
The Citywire guide to investment trusts
Investment trusts have proved to be a highly effective way to invest in the market. Citywire has interviewed the experts to find out more.
From Nigeria to Pakistan and from Kenya to Kuwait, frontier markets are catching investors' attention as never before.
More about this:
Look up the funds
- Newton Managed GBP Inc
- CF Miton UK Smaller Companies A Acc
- CF Miton UK Multi Cap Income Ret A Acc
- PSigma Income R Acc
- CF Miton Distribution Ret A Inc
- CF Miton Diversified Growth Ret A Acc
Look up the investment trusts
Look up the fund managers
More from us
On the road
J.P. Morgan Elect on investment growth, income and cash. More information on J.P. Morgan investment trusts.
on Aug 01, 2014 at 12:55