Financial Conduct Authority  

FCA urged to build public trust in independent reviews

The Connaught fund was an unregulated collective investment scheme run by operators Capita Financial Managers and Blue Gate Capital from March 2008, providing short term bridging finance to commercial operators in the UK property market.

The fund went into liquidation in December 2012, with investors losing £118m in the process.

rachel.mortimer@ft.com 

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