Arch Cru payment scheme deadline extended to end-2013

clock

The deadline for Arch Cru investors to accept payments from a £54m scheme set up by Capita and the funds' depositories has been delayed by 12 months until 31 December 2013.

Originally announced in June 2011, the package is being funded voluntarily by Capita Financial Managers Limited, the authorised corporate director of the CF Arch Cru funds, as well depositaries BNY...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Phoenix to invest £90m in affordable housing

Phoenix to invest £90m in affordable housing

Investment will support Alliance Homes

Holly Roach
clock 27 June 2022 • 1 min read
The UK accounted for €4bn in net UCITS sales in April.

Monthly outflows persist across equity UCITS and AIFs in April

Improved from €42bn outflow in March

clock 27 June 2022 • 1 min read
Which investments performed best over past 21 years?

Which investments performed best over past 21 years?

Emerging markets and smaller companies

Cherry Reynard
clock 21 June 2022 • 6 min read