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funding shortfall closes some options for
The trustee of the suspended LM Managed Performance Fund has warned investors that two options, which would have likely offered the best return to investors, are currently not feasible due to a lack of funding.
lmim founder being pursued over 17m
The trustee of the suspended LM Managed Performance Fund has confirmed it is pursuing founder and former LMIM managing director Peter Drake for loans made to him from the fund’s assets.
North America | 10 Jul 13
chase belgrave unveils retirement plan for us
Chase Belgrave, a Zurich-based wealth manager and financial consultancy, is working with an external trustee to offer high net worth American expatriates a pension plan that is tax efficient from a US perspective.
man and nomura launch fixed income strategy
Global alternative fund manager Man Group has joined forces with Asian investment bank Nomura to launch a new fixed income strategy.
bny mellon accounts service gets greelight
Investment management and services company BNY Mellon has received licence approval from the Securities and Futures Commission for its new Hong Kong-based subsidiary to establish a separately-managed accounts business.