London Management Group LLP (LMG) is a London based, Financial Services Authority authorised and regulated, independent financial boutique. It is primarily aimed at providing Asset Management services to high net worth individuals and distributing a selected – and in some cases exclusive – range of products and services to institutional clients and family offices.
LMG asset management offering is highly versatile as the service may be advisory or discretionary, global or limited to one asset class or even just focused on one product. It involves investment in individual securities as well as in funds.
LMG’s distribution activities provide access to selected established and emerging managers and to a wide range of products and services including cash management, brokerage, structured products, hedge funds global advisory, real estate, private equity, investment banking and family office.
I would guess that LMG invested in some fund that was short ccme and LMG contacted the board.