£194m compensation pot for UK investors

Investors in the UK who lost money through ill-fated split capital investment trusts were offered a compensation pot totalling £194m (€275m) today.

£194m compensation pot for UK investors
Fri, 24 Dec, 2004 - 14:12

Investors in the UK who lost money through ill-fated split capital investment trusts were offered a compensation pot totalling £194m (€275m) today.

The long-awaited settlement comes after the Financial Services Authority (FSA) brokered a deal involving 18 firms, including Aberdeen Asset Management.

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CourtsBusinessHeathrowPlace: UKOrganisation: Financial Services AuthorityOrganisation: FSAOrganisation: Aberdeen Asset Management
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