Martin Gray, director and senior fund manager at Coram Asset Management, has passed away after a short illness.
The company said he died Thursday night after a short battle with cancer, which it said he “dealt with in typically great spirits”, surrounded by his family.
Gray, 65, co-founded Coram AM with James Sullivan, after a long stint at Miton Investments. Gray began his fund management career in the 1980s before joining Miton as a director and fund manager in 1995, and becoming its managing director in 1997.
Following mergers with Optimal in 2005, iimia in 2007 and Midas in 2008, Gray remained responsible for the Reading-based Miton Asset Management business up until his departure in June 2014.
Gray also launched the CF Miton Strategic fund in December 1996 and CF Miton Special Situations fund in January 1998, to much acclaim.
Coral AM’s Sullivan, who worked closely alongside Gray, said: “It comes with awful sadness to announce the death of our dear friend and colleague, Martin Gray.
“We can take great comfort from the fact Martin’s legacy, and our memories of him will never fade.
“We will all miss him greatly and our thoughts are with his wife Brenda and his two sons, Matthew and Daniel, at this time.”
At Coram, Gray was co-manager of the group’s three multi-asset funds – Global Defensive, Global Balanced and Global Opportunities – alongside Sullivan.
International Investment interviewed Gray at his Bath offices recently for a feature that appeared last month in the first relaunch edition of the magazine, and as part of its new Big Interview video feature series.