As reported today in the Irish Independent, the liquidator has decided to go after the administrator. This is just reiterating the importance of proper monitoring from all parties involved with asset managers. There should be processes and systems in place to monitor limits. guidelines and major types of risks.. like counterparty in this case, which would have highlighted the situation.
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I do trust all the ideas you’ve offered on your post. They are really convincing and will definitely work. Nonetheless, the posts are too quick for beginners. May you please lengthen them a bit from subsequent time? Thanks for the post.
thank you for your comment and interest. I will certainly try to do do in the future.