X-Nico

3 unusual facts about Collective investment scheme


Collective investment scheme

In 1998 Richard Branson (head of Virgin) publicly bet Nicola Horlick (head of SG Asset Management) that her SG UK Growth fund would not beat the FTSE 100 index, nor his Virgin Index Tracker fund over three years, nor achieve its stated aim to beat the index by 2% each year.

Francis Charles Lawley

It was revealed in August 1854 that to recoup his lost funds he had been using insider information gained from his position within the Exchequer to speculate on Funds.

The Wrong Box

Two elderly brothers Masterman (John Mills) and Joseph Finsbury (Ralph Richardson) are the last surviving members of a tontine, an investment scheme set up many years before, in which the last surviving member stands to receive a fortune.


Banco Privado Português

On 11 February 2013, João Rendeiro, Fezas Vital and Paul Guichard, former members of the board committee were charged by the Public Ministry with fraud, in a matter of a Collective investment scheme that damaged hundreds of clients for an estimated 41 million euros.


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