Oddbean new post about login | logout H2O to Offer Millions to Irate Clients in Bid to Dodge a UK Fine ========== H2O Asset Management is offering payoffs to clients to avoid a UK fine. The firm is in talks with regulators about how much to set aside as part of their probe into a scandal over illiquid securities linked to Lars Windhorst. Clients have been unable to access investments worth about €1.6 billion since 2020. https://www.bloomberg.com/news/articles/2024-04-25/h2o-to-offer-millions-to-irate-clients-in-bid-to-dodge-a-uk-fine