Isle of Man News - POSTED Tue 10-01-2017

MitonOptimal Group Expands in the Isle of Man

by LC

MitonOptimal International Limited ("MitonOptimal"), the Guernsey-headquartered investment management group, and Blythe Financial Limited ("Blythe Financial"), an Isle of Man-based investment advisory business, are delighted to announce the merger of their businesses.
The transaction and the granting of a Discretionary Fund Management (DFM) Licence (both of which have been approved by the Isle of Man Financial Services Authority), brings together two strong and experienced teams of investment professionals under the MitonOptimal banner. It will enable MitonOptimal to further focus on the many opportunities within the Isle of Man discretionary management market, whilst continuing to deliver exceptional service, advice and investment knowledge to Blythe Financial’s existing clients and MitonOptimal’s global client base.
Alan Blythe commented, "When we first thought about partnering with another business, it was important to us that both the ethos and investment philosophy of that partner were aligned with our own. MitonOptimal is the perfect fit for the succession of our business to the next level and will further enhance the sophistication of our investment proposition. Blythe Financial will be rebranded as MitonOptimal, and all management and staff will be staying on, as we continue building on what has been a highly successful business model to date."
Scott Campbell, Group Managing Director and Chief Investment Officer at MitonOptimal added, "We are very excited that Alan and Sue Blythe, plus their great team of people, will be joining the MitonOptimal group of companies, as we share the same investment philosophy and business culture. Alan will be joining the MitonOptimal International Limited board of directors, and we look forward to a long a fruitful business partnership together, as we continue to develop our DFM business, advisory services and funds business on a global basis."


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