Executive Summary
Midas Capital plc (MDS) is the ultimate parent company of a fund management group trading under the Midas, Miton and MitonOptimal fund brands. MDS is headquartered in Exeter, with offices in Liverpool, Guernsey, London, Reading and Cape Town. MDS was founded in 2001 by two Exeter based legal firms and a team of financial service industry professionals. Originally conceived as a private client investment manager, trading as iimia plc, it soon expanded both geographically and in the range and scale of activities offered. In August 2004 iimia plc merged with Exeter Investment Group plc, under a new parent company called iimia Investment Group plc and was admitted to AIM. September 2005 saw the acquisition of Intelli Corporate Finance Ltd although this was subsequently sold in September 2009. In July 2006 the group sold its
