Guernsey-headquartered investment management group MitonOptimal International has merged with Blythe Financial, an Isle of Man-based investment advisory business.
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 – bring together the two firms under the MitonOptimal banner.
All Blythe's management and staff will stay with the company. Managing Director Alan Blythe will join the MitonOptimal International Board of Directors.
Founded in 2002, MitonOptimal is a multi-asset management company with operations in Guernsey, South Africa, the UK, Isle of Man and Singapore.
It offers a range of DFM, portfolio management, advisory services and multi-asset funds to intermediaries and institutional investors around the world.