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Advisers to quiz Cru on Monday over funds' future
by Daniel Grote on Apr 03, 2009 at 13:45
Cru Investment Management is holding a meeting for IFAs with client money invested in the suspended Arch Cru fund range on Monday.
The meeting will be held at the Hyatt Regency Hotel in Portman Square, London at 2pm.
Cru non-executive chairman Jon Maguire and managing director Marc Ainscough will address advisers on the steps Cru is taking over the fund suspension, and have promised to pass on feedback to fund managers Arch, the authorised corporate director for the funds Capita and the Financial Services Authority.
Cru has said that it has no role in talks over the future of the funds, which will be determined by Arch, Capita and the FSA.
Only advisers who have registered with Cru will be permitted to attend the event.
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