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FUND SALESMAN WHO SAID LM WAS ‘HIGHLY REGULATED’ DOES A BELATED ABOUT TURN

In LM Managed Performance Fund, Martyn Terpilowski, Peter Drake, Uncategorised by Andrew DrummondLeave a Comment

‘IT WAS A CLUMSY USE OF WORDS’ People who invested in the LM Managed Performance Fund thought their investments was as ‘safe as houses’.  But LM invested the cash in property and the property crashed.  Many also could forgiven for thinking that investing in LM was as safe as investing in a private bank  because that is what they were …