Miton’s George Godber and Georgina Hamilton are to join Polar Capital, Fund Strategy understands.
The duo managing the £869m UK Value Opportunity fund have handed their notice in to the firm yesterday.
They will join boutique asset manager Polar Capital upon the expiration of their notice periods to run a UK equity product, Fund Strategy understands.
Godber and Hamilton, who started at Miton three years ago when the fund was launched, have notice periods of 12 months and six months respectively.
A statement from Miton said: “Miton’s focus continues to be on looking after the best interests of its clients as it recruits replacement portfolio managers.”
The Miton UK Value Opportunities fund has returned 14.2 per cent over one year, versus losses of 4.6 per cent by the IA UK All Companies sector, according to FE.
Polar Capital decline to comment.