The FSA has confirmed it has today executed search warrants on the Castlestone Management's premises in London and Chichester, as a fourth member of staff leaves the group.
The regulator refused to comment further on the search, saying "The FSA's regulatory investigation is ongoing." In a statement, Castlestone said: "Castlestone Management Limited can confirm its premises were visited by the FSA this morning as part of a regulatory investigation. The company is cooperating fully with that investigation. A further statement will be made as soon as possible." Meanwhile Connor Noonan has become the fourth member of staff to leave Castlestone since May. Noonan was a commodities analyst working on the $34.7m Aliquot Commodity (UCITS) fund which was one of...
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