Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at

Discretionary manager among 19 firms placed in default by FSCS

by Elsa Buchanan on Apr 28, 2014 at 12:20

Anderson is claiming £100,000, while Short, who played for Derby, Blackburn and Everton, is suing for losses of £1 million.

The sports stars were advised to invest in a number of unregulated funds such as Matrix Asset Backed 2, a hedge fund hit in the credit crunch, and Aramid Entertainment, a Cayman Islands based fund involved in film finance.

Sign in / register to view full article on one page

2 comments so far. Why not have your say?


Apr 28, 2014 at 15:22

When will people ever learn?

report this

Philip Milton

Apr 28, 2014 at 15:53

And we others have to pay for their embarrassing foolishness?

report this

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home

As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Sponsored Video: Barings on investing in Frontier Markets

From Nigeria to Pakistan and from Kenya to Kuwait, frontier markets are catching investors' attention as never before.

On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet