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The investment manager claimed it is in possession of an ‘investment dealer’ licence for commodities and derivatives, which it said had been issued by the FSC in December 2013.
However, the island’s financial watchdog has warned investors that the company is not and has never been licensed by the FSC.
The body therefore urged the public to be cautious when dealing with Bank Capital.
The fee is 0.2% and the ticker is SP20
Reforms will see the £360bn of assets in 86 local government pension schemes pooled into eight ‘mega funds’
Ian Aylward joins from Barclays Wealth
Fee reduced 15 basis points to 0.50%
Quality and low volatility characteristics expected to outperform
September’s fund flow data showed investors taking action prior to the Autumn Budget, according to the Investment Association
