The Financial Services Authority has fined hedge fund boss Alberto Micalizzi £3m and banned him from performing any role in regulated financial services, after he lied to investors in his now defunct fund.
In the latest Interactive Financial Adviser debate, our panelists from Bern Square, Fund Catalyst and PiRho Consulting discussed Hedge Funds.
The Financial Services Authority (FSA) is to review its restrictions on the marketing of unregulated collective investment schemes (UCIS) to retail investors as a result of proposed European rules.
Platforms have been accused of putting consumers at risk by permitting highly complex products on their panels. But isn’t suitability down to the adviser?
The government has come under fire for rewarding its "friends in the City" after it gave a knighthood to Paul Ruddock, founder of hedge fund Lansdowne Partners, in its New Year's honours list.
The FSA has banned a hedge fund manager and fined him £14,000 for failing to spot attempts by an employee to hide huge losses caused by the collapse of Lehman Brothers.
Millionaires favour hedge fund manager Paul Singer, CEO of Elliott Management, as the manager they trust most with their cash, according to an investment club survey.
Hedge fund billionaire Raj Rajaratnam has received the longest ever prision sentence for insider trading after he was jailed for 11 years in a landmark ruling in the US today.
Nationals round-up: ETFs came under the microscope following the UBS scandal, while downturn-beating funds, retirement income and Halifax's savings accounts also featured.