TITLE

Yearsley sees conflicts over Octopus VCT portfolio deal

AUTHOR(S)
Stodell, Hannah
PUB. DATE
September 2009
SOURCE
Money Marketing;9/17/2009, p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the conflict between investment manager Ben Yearsley and Octopus Investments due to a venture capital trust (VCT) portfolio deal in Great Britain. It states that Yearsley is skeptical of Octopus in terms of managing the interests of the clients with other VCT managers. However, Octopus stresses that the service is designed with the rules and principles of Financial Services Authority (FSA) and is essential in maintaining a relationship of trust with their customers.
ACCESSION #
44677972

 

Related Articles

  • Watch out for fake firm claiming to be Octopus.  // Money Marketing;9/17/2010, p1 

    The article reports on the warning issued by Octopus Investments Ltd. to its venture capital trust (VCT) clients regarding the possible misuse of the company's name by third party. The company states the third party has tried to acquire clients' shares or sell them shares in companies that may...

  • Octopus looks to rearm underperforming VCT. Salih, Chris // Money Marketing;5/10/2007, p76 

    The article reports on the plan Octopus Asset Management company to make changes in its Hygea venture capital trust after its net assets fell under £4.3 million in 2006 in Great Britain. According to James Otter of Octopus, the trust will look to reduce its Aim holdings and increase...

  • FSA cheeks firms on conflicts of interest over platform stakes. Holt, Natalie // Money Marketing;11/25/2010, p33 

    The article reports that the Financial Services Authority (FSA) in Great Britain will inspect how financial firms in the country manages conflicts of interest over platform stakes.

  • Generalist VCTs. Churchill, Martin // Money Marketing;5/2/2013, p42 

    The article reviews the market performance of venture capital trusts (VCT) and enterprise investment schemes in Great Britain in the 2011/12 tax year, considering the retail distribution review (RDR), the Financial Services Authority (FSA) consultation paper 12-19, and the new disqualifying...

  • Conflict clouds share schemes.  // Money Marketing;1/19/2012, p34 

    The article discusses the debate over platform adviser share plans. In its platform consultation paper in November 2010, the British Financial Services Authority (FSA) indicated that it was keeping a close watch on adviser share-ownership models. FSA said it expects firms to take steps to manage...

  • Intervention looms due to concerns over Dif conflicts. Holt, Natalie // Money Marketing;3/3/2011, p3 

    The article reports that Great Britain's Financial Services Authority (FSA) may intervene in the distributor-influenced funds (Difs) market due to concerns regarding conflicts of interest and complex changes to ensure standard services for consumers.

  • Regulator 'is spending money like water'. Dale, Samuel // Money Marketing;11/15/2012, p7 

    The article reports on the criticisms received by the British Financial Services Authority (FSA) from advisers for piling the pressure on asset managers by focusing on conflicts of interest.

  • FSA must be clear on whether VCTs are Ucis, says IMA. Langston, Rob // Fundweb;11/20/2012, p17 

    The article reports on the move of the Investment Management Association in urging the British Financial Services Authority (FSA) to confirm the inclusion of venture capital trusts under its regime for unregulated collective investment schemes (UCIS) products.

  • Octopus offers extra £13.5m in Titan VCTs. Berry, Michael // Fundweb;4/8/2014, p3 

    The article reports on an extra 13.5 million British pounds of shares opened up by Octopus Investments for its high-growth Titan venture capital trust (VCT) range a few days after the closure of the 2013/2014 tax year.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics