A UK fund house has been forced to freeze redemptions on one of its funds, after becoming caught up in an investigation by the Mauritian regulator into an alleged Ponzi scheme.
In a letter seen by Professional Adviser, Apollo Multi-Asset Management has written to investors stating its Mauritius domiciled £5.81m Four Elements Apollo fund has been suspended - meaning investors...
Slow progress in improving diversity
Share purchase deal with assets of £28m
Came into effect in January
Three examples of compensation rule issues
Buying in baskets