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AFH to buy 5 more firms as it builds £20m war-chest

AFH Financial Group, the Financial Planning-led wealth manager, is to raise up to £20 million on the stock market through a bond issue to fund future acquisitions and investment.

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£236m mini-bond firm goes into administration hitting 14,000

Administrators have been appointed at mini-bond and ISA firm London Capital & Finance (LCF), which has 14,000 bondholders with holdings totalling £236m.

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FCA orders firm to stop marketing its ISA and Bond

The FCA has ordered a firm to immediately cease marketing its ISA and Bond products.

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Investment director suspended by asset management firm

Asset management firm GAM has suspended of an investment director following an internal investigation into risk management procedures and record keeping.

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