About us

MAM Funds plc (MAMF) is the parent company of a fund management group trading under Midas Capital Partners and Miton Asset Management, with a stable of fund brands – Miton, Midas and Acuim. MAMF has offices in Reading, Liverpool and London.

A brief history

MAMF 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 2004 iimia plc merged with Exeter Investment Group plc, under a new parent company called iimia Investment Group plc and was admitted to the Alternative Investment Market. 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 funds administration business, Sinclair Henderson to Capita Group plc.

In 2007 it completed the merger with the Reading and Cape Town based fund manager, MitonOptimal Group Ltd and the parent name changed to iimia MitonOptimal plc. In 2008 it completed the merger with Midas Capital Partners Ltd, a Liverpool based fund management company, and the group name changed to Midas Capital plc.

In January 2010 the group sold its iimia Wealth Management division in order to concentrate on its fund management brands and activities. In May 2010 the South African and Guernsey based fund management businesses were sold to their respective managements. The disposals allowed the Group to concentrate on its’ core strength; the UK fund management industry. In July 2010 the parent company changed its name to MAM Funds plc.

In early 2011 a new management team joined the Group and raised £20m of new equity capital to enhance the existing strategy to build a leading investment management business.

Shares in MAM funds plc (TIDM Code: MMF) are traded on the Alternative Investment Market.