Claims against Custodians, Investment Managers and Investment Advisers

Ogier

Nigel Sanders

Funds becoming "distressed" (as it is so elegantly described) and the potential knock on effects for service providers to those funds are by no means new phenomena. In fact, typically, the types of claims that might be brought against service providers are more likely to arise when a fund becomes distressed - the facts underlying such claims can be as much the cause as the effect of the "distress". These notes will outline some of the practical and legal issues to be considered in relation to claims against custodians, investment advisors and investment managers.