Financial Services Authority  

FSCS open for claims as DFM enters liquidation

FSCS open for claims as DFM enters liquidation
The FSCS is accepting claims against Central Markets Investment Management. (Carmen Reichman/ FT Adviser)

An investment firm whose service included a discretionary fund manager has entered liquidation. 

The Financial Service Compensation Scheme is now open for claims against Central Markets Investment Management Limited.

In an update today (August 14) the Financial Conduct Authority confirmed it went into voluntary liquidation on July 2 with Dominic Thiel-Czerwinke and Louise Baxter appointed as joint liquidators.

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It was first authorised by the Financial Services Authority in January 2008 and by the FCA from April 2013.

The firm was an investment management company whose services included discretionary fund management.

The FSCS said it was accepting claims against the firm but these would not be passed to the claims assessment team to review right away. 

It said: "FSCS is in the early stages of investigating whether there are any claims against CMIML that meet the qualifying conditions for compensation."

The company's Linkedin page describes the firm as a "privately owned boutique stockbroker, based in the heart of the City of London."

It describes itself as offering a full advisory service. 

tara.o'connor@ft.com

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