Investors in the failed Arch Cru fund range have so far received £11.8m in redress as a result of the Financial Conduct Authority's (FCA) industry-wide review into the debacle.
However the figure, measuring payouts up to April and revealed in the regulator's first annual report in its guise as FCA, represents just a little over a third of what it expects will be the total scheme...
Follows McVey's resignation
Schroders and Aviva Investors
LightTower Partners, Seneca Partners and Unicorn AM
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