It talks of her setting up Bramdean Asset Management , for example, and then selling its fund of funds arm Bramdean Alternatives to Aberdeen Asset Management in 2009. It does not mention that Bramdean Alternatives put millions of clients ' funds into.
We’re getting in first here, advertising the existence of an FT Money podcast from May 9 this year, where the Bramdean Asset Management boss sings the praises of one Bernie Madoff ... 1-1.2 per cent PER MONTH, year after year after year… Inevitably.
The New York Attorney General said on Tuesday that he reached a $210 million settlement with Ivy Asset Management, which is accused of steering clients to invest with Ponzi schemer Bernard Madoff. The office of A.G. Eric Schneiderman said the settlement.
His separate investment advisory business had $17.1 billion of assets under management . 'BUSINESS AS USUAL?' ... “People who came to us for portfolio construction were often already invested with Bernie Madoff , he had hundreds of clients ,” said Charles.
Bramdean had 9.5% of its assets invested with Madoff ... Banco Santander’s Optimal Investment Services and Maxam Capital Management are among Madoff’s client list. Ascot Partners, the hedge fund founded by GMAC Financial Services Chairman Ezra Merkin.
The exposure is from loans it provided to institutional clients ... its exposure to products linked to Madoff amounted to 56 million francs ($47 million), or less than 5 percent of assets under management. * BRAMDEAN ALTERNATIVES LTD - UK asset manager.
Within weeks of the party, Mr Levene had a call from representatives of two important clients , Ann Gloag and Brian Souter, the millionaire Scottish siblings and founders of Stagecoach, the bus company, asking him to return £17.8 million. .... In 2003.
She went on to form alternatives boutique Bramdean Asset Management in 2005, which ran into trouble after it emerged its multi-asset fund has exposure Ponzi scheme operator Bernard Madoff . The mandate for the Bramdean Alternatives fund was .
Madoff , who was well connected to rich investors, politicians and regulators, ran a $17 billion investment business for wealthy clients alongside his stock brokerage firm, ostensibly investing in blue chip stocks and options. But the warning signals.
Horlick has spent the last 48 hours attacking the US regulators for their lack of oversight of Bernard Madoff and accusing ... Horlick's clients should be asking her some tough questions. Bramdean Asset Management – Horlick's fund management group.
If, as a result of the alleged fraud, the value of the assets of these funds is nil and the respective clients ... accused Madoff of running the fraud through his investment advisory business. Nicola Horlick, the head of Bramdean Asset Management which.
LONDON (Reuters) - Wealthy UK and other investors who lost money in the alleged $50 billion fraud by U.S. financier Bernard Madoff ... Bramdean Asset Management, may also sue Union Bancaire Privee. Geneva-based UBP invests in funds of hedge funds and its.
The City financier who apparently went missing while owing clients millions of pounds finally emerged from hiding yesterday – and blamed the losses on his gambling addiction. ... City 'superwoman' Nicola Horlick, who once worked with Mr Levene, was one.