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Miton to launch US small cap fund
Asset manager Miton is poised to launch a new fund targeting smaller companies across the Atlantic.
The new vehicle will be managed by Nick Ford and Hugh Grieves who look after the top performing Miton US Opportunities (GB00B6Z0P562) fund.
The plan is to invest in 70 to 100 companies with market caps of between $100m and $6bn. Around half the initial portfolio will be equally weighted between the IT and financial sectors. (TS)