Tavistock 'strongly denies' Titan's claim of wrongful conduct

Put forward as a retaliatory step

Isabel Baxter
clock • 1 min read

Tavistock has said that it “strongly denies” Titan Wealth’s claim of wrongful conduct following its decision to terminate its multi-asset management partnership

In a statement released today (11 July), the firm hit back at Titan's statement on 9 July that Tavistock terminated the partnership against a background of serious wrongful conduct. Tavistock "strongly denies" the suggestion of wrongful conduct and considers that Titan's allegations are false and have been put forward as a retaliatory step. It also confirmed the accuracy of the announcement made to the market on 8 July and presented a table demonstrating the "unacceptable performance" by Titan shown below. Tavistock ends deal with Titan after 'unacceptable performance'    ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Isabel Baxter
Author spotlight

Isabel Baxter

Senior Reporter at Professional Adviser

More on Wealth Management

Ex-Fidelity International's Leigh Himsworth: How the push for scale is causing issues for asset and wealth managers

Ex-Fidelity International's Leigh Himsworth: How the push for scale is causing issues for asset and wealth managers

'Industry pressure'

Leigh Himsworth
clock 26 September 2024 • 4 min read
Tavistock slams Titan for taking 'vexatious' step as dispute heads to High Court

Tavistock slams Titan for taking 'vexatious' step as dispute heads to High Court

Titan's claim has 'no merit'

Isabel Baxter
clock 20 September 2024 • 1 min read
Latest from Investment IQ: US election year - Market trends to watch

Latest from Investment IQ: US election year - Market trends to watch

Join our sister site Investment IQ for the latest investment intelligence

Investment IQ
clock 04 September 2024 • 2 min read
Trustpilot