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City Financial Absolute Equity A Acc - Latest News

Boutique's big plans for £250m City Financial transfer

Garraway Capital Management will use the transfer of £250 million wort of assets from collapsed City Financial as the foundation to grow its business.

City Financial plunges into administration

The £1.2 billion fund firm is in the process of selling off its funds after falling into administration.

Troubled City Financial transfers Absolute Equity fund to boutique

The fund and three City Financial multi-asset funds are being transferred to Garraway Capital Management as the firm battles to secure a lifeline.

Stricken City Financial suspends Absolute Equity fund

City Financial has suspended dealing in its Absolute Equity fund following a spike in redemptions as the firm battles to secure a lifeline.

City Financial bosses tapped business for £4m in loans

The heads of troubled fund firm City Financial tapped the business for almost £4 million in loans

City Financial files notice to appoint administrators

The fund firm has announced its intention to appoint administrators after a sharp decline in assets in 2018.

The funds that dived and thrived in a torrid week

A heavy sell-off in 'darling' AIM stocks took a big bite out of some funds, while one fund surged 11% in the sell-off.

Fallen absolute return star defiant as losses mount

'We believe that the tide will turn' says David Crawford, after racking up losses of 30% in six months.

Fund managers say sorry as they lick Conviviality wounds

'We are very sorry', say Acorn Income managers, while Marlborough's Siddarth Chand Lall labels investment 'a hard and painful lesson'.

The funds that dived and thrived in the sell-off

It's a month since the FTSE 100 hit its all-time high, and it's been downhill since. We round up how funds have performed.

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