March 29 (Reuters) – The failures of U.S. lenders Silicon Valley Bank (SVB) and Signature Bank, followed by Credit Suisse’s rescue, and the ensuing turmoil in world markets have re-ignited the recession risks that appeared to have abated just a few weeks ago.
Reporting by Yoruk Bahceli, Naomi Rovnick, Chiara Elisei, Amanda Cooper, additional reporting by Peter Hobson; Compiled by Yoruk Bahceli; Graphics by Vincent Flasseur; Editing by Dhara Ranasinghe and Andrea Ricci…
Novus Black Fund UK LTD is a UK limited company with the company number, 14091422, and registered address, Suite 3, Park House, Lancaster Way Earls Colne Business Pk Airfield, Colchester CO6 2NS
Novus Black Fund UK Ltd is managed by MCI Global Investment Advisors Limited, an FCA Regulated AIFM with FRN: 948996
Investments into this fund will not have any protection from the Financial Services Compensation Scheme. Do not invest unless you’re prepared to lose all the money you invest.
This is a high-risk investment. Take 2 minutes to learn more…
The Financial Conduct Authority (FCA) has granted MCI Global Investment Advisors Limited’s (FRN 948996 (MCI) application to place requirements on it, which will impact the management of Novus Black Fund Ltd (NBF). These regulatory actions are intended to protect the interests of investors.
Key Details of the Requirements:
Novus Black Fund UK Ltd:
More details of these requirements are available on MCI’s Financial Services Register entry
at: https://register.fca.org.uk/s/firm?id=0014G00002fd8htQAA
A further update will follow in due course.
MCI Global Investment Advisors Limited