Connaught Asset Management

The Financial Conduct Authority (FCA) is to investigate the activities of the former operators of the Connaught Income Series 1 fund, Capita Financial Managers and Blue Gate Capital.

Investors in failed fund Connaught who are trying to claw back some of their losses must wait longer in limbo as the regulator admits it has still not brokered a deal to secure redress for them.

The liquidated Connaught fund is to sue its former authorised corporate directors on behalf of a group of investors, investment platforms and the trustee of a unit trust.

The Financial Conduct Authority (FCA) has extended to January its support for a 'negotiated settlement' for investors in the failed Connaught Series 1 fund.

The Financial Conduct Authority (FCA) is attempting to broker a redress deal for investors in the failed Connaught Series 1 fund.

Pension investors in the failed Connaught Series 1 fund are being urged to take part in a TV programme to highlight their plight.

A group of investors caught up in the failed Connaught Asset Management funds have voiced their anger at the continued appointment of the funds' administrator despite an attempt to oust him at a general meeting.

The administrator of Connaught Asset Management is under investigation by an accountancy body for alleged misconduct in a separate case involving high street fashion chain Miss Sixty.

CONDENSED

UCIS provider Connaught Asset Management is to reimburse investors in its Income Series 2 this week.