November 29, 2017 BY Valentina Kirilova

FCA investigating Artemis, Hargreave Hale, Newton, and River & Mercantile for IPO price collusion

The Financial Conduct Authority (FCA) has issued a statement of objections to four asset management firms: Artemis Investment Management LLP, Hargreave Hale Ltd, Newton Investment Management Limited, and River & Mercantile Asset Management LLP. The FCA believes the four firms may have broken competition law. The FCA alleges that the four firms shared information by…

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