Wednesday April 1, 2020

Bloxham closure stuns investment community

For the partners in Bloxham, closure means that their €30 million business has had its value slashed to just €5 million overnight. Samantha McCaughren and Jon Ihle report.

2nd June, 2012
Pramit Ghose: one of the most noted fund managers in the country.

Ireland's small investment community was shaken to its core last Monday when financial irregularities were revealed at the stockbroking firm Bloxham. While there has been pressure on the industry since the onset of the financial crisis, to see Bloxham shut down overnight stunned brokers, fund managers and clients alike.

Key questions about what happened at Bloxham remain unanswered. As the Central Bank's investigation proceeds, it seems inevitable that much attention will focus on how one...

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