Jubilee asks after Keydata Investment Services

Jubilee Financial Products has approached Keydata Investment Services, through its insolvency administrator PricewaterhouseCoopers (PwC), with an expression of interest to buy the company.

Keydata Investment Services was declared insolvent by the UK's Financial Services Authority early yesterday, although a number of funds based on easily valued investments such as portfolios of Alternative Investment Market shares in venture capital trusts will continue to be traded.

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