London-based DFM Strand Capital enters administration
Managed around £80m for 3,000 customers
Strand Capital has appointed administrators
Strand Capital, a discretionary fund manager with a range of model portfolios, has begun insolvency proceedings, according to the Financial Conduct Authority (FCA).
The regulator said the firm formally entered the Special Administration Regime insolvency proceedings on 17 May 2017 after concluding the business was no longer solvent. Strand has approximately 3,000...
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