Connaught
Connaught fund operator enters liquidation
Several months after the FCA ordered the firm to pay £203,007 in restitution to investors
FCA admits ‘mistakes’ in mini-bond and collapsed fund scandals
Bondholders will be able to claim compensation from regulator, economic secretary says
Connaught investigation up and running
Investors in the defunct fund invited to get in touch
Fixed Income | 10 Nov 17
FCA orders £66m refund for collapsed Connaught investors
The UK financial watchdog has publicly censured Capita Financial Managers (CFM) and ordered it to pay up to £66m ($86.6m, €74.6m) to investors who suffered losses from investing in the firm’s now-liquidated Connaught Income Fund, Series 1.
Investment | 27 Jul 16
Connaught scandal liquidators secure £18.5m payout from Capita
UK outsourcing firm Capita has paid £18.5m (€22.07m, $24.2m) to settle a claim brought against it by the liquidator of the Connaught property fund fraud in which investors lost up to £100m.