The argument between investments trusts and the City regulator over the Saba crisis has escalated with Glen Suarez, chair of Impax Environmental Markets (IEM), joining Edinburgh Worldwide (EWI) in demanding the Financial Conduct Authority take their calls for intervention against the hostile US hedge fund seriously. Like EWI chair Jonathan Dent-Simpson, Suarez and the IEM … Continue reading Impax Environmental says FCA should take Saba threat “damned seriously” as regulator insists trusts use their existing legal powers first