News
Cold-called investor wins compensation
A company that downplayed the risks of buying shares in unlisted companies to a cold-called investor has been ordered by the UK’s Financial Ombudsman Service (FOS) to put the investor into the position she would have been in had she never invested.
Investment | news 20 Jun 18
Woodford boosted by soaring healthcare stock
A Neil Woodford-backed healthcare stock climbed 114% on Tuesday.
Major Convoy stakeholder sues over share sale
Troubled Hong Kong financial advice firm Convoy Global is being sued by one of its biggest backers in an attempt the halt the sale of shares in another company at a substantial loss.
Investment | news 20 Jun 18
Goldman Sachs offers US Smaller Cap Equity Portfolio
The portfolio is a new sub-fund of the Ucits-qualifying Luxembourg-domiciled Goldman Sachs Funds Sicav.
Utmost Wealth Solutions on track to hit €30bn in assets
Isle of Man-based insurer Utmost says it is on course to reach its “near-term” target of €30bn in assets under management, as it confirms the rebrand of recently acquired Ireland-based Generali PanEurope.