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Capital Markets

Six Fund Managers voluntarily cease operations – SEC

By : Kofi Kafui Sampson on 30 Jan 2019, 03:38

The Securities and Exchange Commission wishes to bring to the notice of the
general public that the under listed licensed operators engaged in fund
management activities in the capital market (Fund Managers), have voluntarily
requested to cease operation for various reasons.

 HFC Capital Partners Limited
 Attai Capital Limited
 Serengeti Capital Limited
 Indigo Investment Management Limited
 Verit Investment Advisory Limited
 Waxson Investment and Pension Management Limited

The Commission has, after a thorough assessment of the circumstances,
approved their requests. The above companies are therefore not mandated to
carry out any Fund Management activities. Consequently, the Commission
wishes to inform the general public that anyone who engages in any transaction
with any of these companies or their representatives, in their capacity as Fund
Managers could be exposing him/herself to avoidable risk.

The Commission hereby assures all investors, market operators and the general
public that it is committed to ensuring rigorous enforcement of all the rules for
operators in the capital market in order to promote the growth and development
of an efficient, fair and transparent securities market in which investors and
the integrity of the market are protected.

Source: SEC Ghana