Goldman Sachs shareholders have written to the bank's board to demand investigation and potential legal action in relation to the money-laundering scandal surrounding Malaysian sovereign wealth fund, 1MDB.
The 27-page letter was delivered to the board of directors by investor law firm Grant & Eisenhofer on behalf of a pair of pension funds managed for Goldman investors Cleveland Bakers & Teamsters. The...
Failed 17 February
Creates 'group of greater scale'
Jupiter Fund Management has confirmed it will acquire Merian, which it sees as a “strong fit”.
Now more than £2bn in client assets
Fees 0.1% per annum or £20 per month
Square Mile's series of informal interviews
Percival on DB suitability
First trading loss in five years