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| Suspension of Investment Funds https://mail.paphospeople.com/ppforum/viewtopic.php?f=47&t=22957 |
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| Author: | gazzaga [ Tue Nov 06, 2012 11:42 am ] |
| Post subject: | Suspension of Investment Funds |
For anyone who has purchased the Axiom Legal Financing Fund, the fund has been suspended from trading and the Chief Executive Officer has resigned. details can be found here: http://www.international-adviser.com/ne ... -suspended There are also serious concerns about the viability of the LM range of funds which have been widely marketed in Cyprus as 'term deposits' for info see here: http://www.theage.com.au/business/a-man ... 28b4k.html As a CySEC registered investment adviser, it's my opinion that these funds should not have been marketed to retail clients as they are both professional investor funds. |
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| Author: | gazzaga [ Thu Dec 13, 2012 12:51 pm ] |
| Post subject: | Re: Suspension of Investment Funds |
http://www.international-adviser.com/ne ... ceivership The Axiom Fund has now been placed in receivership. It will be a long wait to get cash out of this fund. |
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