News

Trades get all-clear from 'world leader'

Wednesday 28th of September 2016

The Milford Asset Management portfolio manager is in court, fighting Financial Markets Authority accusations that he misused his position with an institutional investor by placing trades in stocks in one direction to move the price so he could later shift significant off-market sales at a greater profit. This is known as cross-trading.

He is also accused of making trades to set artificia...

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