Shepherds Group closes its doors

group shuts london office and website following recent issues with several of its funds

The Shepherds Group has shut its London office and website following the respective de-listing, closure and suspension of three of its funds. The office was closed on 25 March while its website tells advisers and investors to write to a postal address in Essex, south-east England. This development has come after the Select High Security fund was de-listed from the Cayman Islands Stock Exchange on 11 February. Richard Crawshaw, head of listing at the Cayman Islands Stock Exchange, said the issuer was no longer suitable for listing. The Cayman Islands is an Inland Revenue-recognised st...