By Nigel Somerville | Tuesday 22 October 2019
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
A letter dropped onto my doormat this morning, from Smith & Williamson to inform me that it has been appointed Special Administrator to Reyker Securities plc. “But I don’t own Reyker” I thought, “what’s this got to do with me?” Then I noticed that on my letter it mentioned Intermediary provider: Ingenious Funds and the penny dropped: Reyker was being used as nominee holder for the Ingenious SEIS 1 fund, which I do hold. Why has Ingenious not written to me?
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