Towry Law International (TLI) and parent company Henderson hope to finalise a compensation deal with...
Towry Law International (TLI) and parent company Henderson hope to finalise a compensation deal with the Hong Kong regulator for clients who invested in with-profits, International Investment understands. The discussions centre around those who invested in the Cayman Islands-based Circus Capital Protected Growth fund via TLI. Launched in 1999, it invested in offshore with-profits bonds. International Investment understands the discussions have been taking place since April 2005, and the Hong Kong Securities and Exchange Commission hopes to reach agreement with TLI on compensation before ...
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