Coronavirus weekly round-up: Vaccine trials cheer markets and EU leaders face off over €750bn rescue fund
Five investors mull the events shaping portfolios over the past week
Regulation
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High Court shuts UK car park investment companies
More than £25m was funnelled into schemes which used ‘misleading sales tactics’
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FCA open-ended property funds consultation smacks of ‘deja vu’
‘Surely, they should just do something rather than just talk and consult’
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Crispin Odey to sue regulator over Wirecard short-selling ban
The German regulator sought to stem short-selling in the financial payments business at the start of 2019
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Coronavirus takes global fund suspensions to 10-year high of £50bn
UK-domiciled funds accounted for a quarter of European suspensions, according to Fitch
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FCA urges British Steel DB victims to claim against pension transfer advisers
‘If you received unsuitable advice and do nothing, you may end up with less, or no, money during retirement’
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LSE boss succeeds Andrew Bailey as FCA chief executive
Nikhil Rathi pays tribute to the ‘strong legacy’ of his predecessor
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Weekly outlook: Scottish Mortgage pushes ahead with AGM; Polar Capital reveals Covid hit
The key events for UK wealth managers for the week starting 22 June
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SVM fund board gives green light on value but flags performance and competition issues
Independent non-executive directors include JB Beckett and Fidelity’s former head of personal investing
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Pensions ‘triple lock’ edges closer to precipice
Implications of coronavirus outbreak would make the UK policy unaffordable
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SJP refuses to compensate investors who lost £1.4m on rogue adviser punt
Philip Cox used company emails and letter headed paper to sway investors to pour cash into a start-up that went bust last year
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Lord Myners urges FCA to probe H2O’s illiquid asset sales
Former City minister wants answers on Natixis subsidiary’s sale of assets to German financier
