MAM Funds, the recently rebranded Midas Capital and Miton Asset Management, is looking to raise £20m in extra capital, and is strengthening its management team with the hire of Gervais Williams.
T. Bailey, Midas Capital Partners and Sarasin & Partners are co-hosting seminars in Scotland next month.
Midas Capital will sell off £62m in Guernsey and South African-based offshore funds over the next month in the final disposal of its non-core assets.
Midas Capital is set to offload its iimia Wealth Management division to Jardine Lloyd Thompson for £7.25m.
When any fund suffers a period of poor performance, there is no surprise that what follows is a period of self-reflection and an autopsy of the investment approach.
Midas Capital has unveiled the seven UK vehicles which will make up the newly-merged entity's fund range.
Specialist multi-asset managers Midas Capital has admitted its highly diversified value-based approach has performed poorly since market turbulence began last year.
The iimia MitonOptimal and Midas Capital Partners reverse acquisition has been approved by shareholders this morning.
Managers at Midas Capital Partners have pledged £20m of their personal cash into the combined managed funds resulting from the forthcoming merger with iimia MitonOptimal(iMO).