Full Circle Asset Management has been held to have been in breach of its contractual terms with an investor by allowing the risk profile to exceed what had been agreed and by failing to operate the agreed stop-loss policy.
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Full Circle Asset Management has been placed in administration after losing a four year court case , when the High Court ordered it to pay a fine after a £1.5m investment from client David Rocker fell by 50%. Rocker alleged the losses were caused by the firm's breaches of the contractual terms over how it managed his money.
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