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Julian Gibbs

Simon Edwards and Alan Borrows set up Midas Capital Partners around three years ago. They own a substantial amount of the company themselves and have performed exceptionally well with their balanced growth and balanced income funds.

Edwards was originally the lead manager of the Merseyside pension fund, assisted by Borrows, where their performance was among the UK’s best.

One of their investors is John Moulton of Alchemy Partners, the private equity firm, who has put 10m of his own money with them.

Edwards has already been awarded an AAA rating by Citywire, which puts him among the top 40 managers in the UK. He invests in a mixture of UK equities, where he has a special expertise, but also uses funds in specialist areas.

His biggest direct holdings include Rio Tinto, GlaxoSmithKline, BP, Centrica and Shell. The funds he has chosen include Jupiter European opportunities, Thames River multi hedge fund, Legg Mason US equity fund, Templeton emerging markets trust, Dexion absolute trust and Scottish oriental trust.

Edwards invests around 40 per cent in UK equities at the moment, with around 25 per cent in overseas equities and 15 per cent in fixed interest. He also has smaller holdings in hedge funds and structured products, as well as a small amount in property.

As Edwards is only 41, his aim is to continue to lead the company for many years, so I think this could be an ideal investment for those in their 40s and 50s saving towards retirement, as well as a longer-term investment for children.

IFAs should really look at these fund sas I believe they will remain among the top performers for a long time to come.


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Auto-enrolment: pay attention or pay the price

By Simon Fletcher

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