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Thursday, 6 June 2013

Elite Advisers' Nobles Crus wine fund suspended by CSSF – Luxembourg's financial authority

From Elite Advisers website

From Jim's Loire:

The CSSF decided to suspend the Nobles Crus wine fund on 27th May 2013 because it coud not meet the requested redemptions. On 31st May Miriam Wilson and Michel Tamisier, general partners in Elite Advisers/Elite Partners, informed their investors of the suspension. It may be significant that it would appear that it was the CSSF who stepped in rather than at the request of Elite Advisers/Elite Partners. 


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