Connaught fund operator censured by FCA and enters liquidation

Inadequate due diligence

Tom Ellis
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Connaught fund operator censured by FCA and enters liquidation

Blue Gate Capital, which operated the Connaught Income Fund from 25 September 2009 to its closure in December 2012, has entered liquidation.

The Connaught Income Fund, also previously known as the Guaranteed Low Risk Income Fund Series 1, was an unregulated collective investment scheme that began in March 2008 and provided short term bridging...

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