H2O Asset Management
(asked on 11th March 2020) - View Source
Question to the HM Treasury:
To ask Her Majesty's Government, following the announcement by H20 Asset Management on 10 March that clients face "surprisingly large losses", what plans they have to investigate that company's risk control strategies and executive leadership.
This question was answered on 24th March 2020
This is a matter for the Financial Conduct Authority (FCA), which is operationally independent from Government. The question has been passed on to the FCA. The FCA will reply directly to the noble Lord by letter. A copy of the letter will be placed in the Library of the House.