Optimizer Global Property Fund

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Allegations

The Global Mutual Fund PCC et al: Administrators’ Final Report

Final Report of the Joint Administration Managers of The Global Mutual Fund PCC Limited, The Worldwide Mutual Fund PCC Limited, and The Universal Mutual Fund ICC Limited - all part of the Belvedere Management Group - to The Royal Court of Guernsey and Investors.

Graham Bibby et al: License Revocations

News Release by the Hong Kong Securities and Futures Commission announcing the revocation of the licenses held by Richmond Asset Management Limited and its owner, Graham Bibby, and a 10-year financial industry disqualification for Bibby.