Blankstone Sington declared failed by FSCS following administration

The Liverpool DFM entered special administration in October 2023

Isabel Baxter
clock • 1 min read

Discretionary fund manager Blankstone Sington has been declared failed by the Financial Services Compensation Scheme (FSCS).

This action by the FSCS on 6 January came after the firm entered special administration on 16 October 2023 following a court order. Blankstone Sington went into the hands of Leonard Curtis administrators Andrew Poxon, Alex Cadwallader and Hilary Pascoe. The confirmation of the Liverpool businesses' fate was confirmed by the Financial Conduct Authority (FCA) after it took action against Blankstone Sington in November 2021 to prevent it from accepting new clients, disposing or diminishing the value of its assets, or accepting new custody assets from its existing clients. According to...

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