Profile: Simon Edwards & Alan Borrows, Midas Capital

This is the situation Midas Capital founders Simon Edwards and Alan Borrows found themselves in after what they describe as a "terrible" 12 months during the height of the financial crisis The managers saw the strong performance they built up for more than five years in the £390m CF Midas Balanced Income and £350m Balanced Growth funds disappear through the market downturn. Market bottom However, the pair avoided the temptation of many investors - succumbing to selling at the bottom - with many deeply distressed positions now delivering from the March market rally. "Last year wa...