The recently suspended City Financial Absolute Equity fund was by the far the worst-performing fund in the first quarter of this year, FE data shows, alongside a number of other absolute return mandates.
City Financial announced the temporary suspension of its fund - for which it is authorised corporate director - on 6 March, saying it was "in the best interests of investors". The move followed embattled...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till