Miton goes for growth strategy

Miton Group, the money manager formerly known as MAM, yesterday laid out the next step in its growth strategy after reporting a 3.6 per cent increase in net revenues for last year. The company, which added £62m of assets in 2012, is rolling out two new funds this week, focusing on UK and US equities, with a third new equity fund due this year. The company currently manages £1.87bn.