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H2O Asset Management to pay investors €250mn after FCA finds ‘serious breaches’

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H2O Asset Management has agreed to pay €250mn to investors after the UK’s Financial Conduct Authority found it committed “serious breaches” in relation to illiquid investments. Once a star of the European investment world that oversaw more than €30bn at its peak, H2O was plunged into crisis in 2019 after…

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Click here to read the full story: Financial Times

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