He currently serves as the President of the Law Society of England and Wales, comes after a long global search for a suitable candidate to guide the Law Council through a dynamic and exciting period for the legal profession.
Uday Mehra said in Singapore court documents that he had raised his concerns over alleged behavior at LVMH's regional private equity fund, L Capital Asia Advisors, such as raising profit projections for an investment target to generate illegitimate g
The watchdog fined Schroders HKD1.8 million (US232,000) for failing to disclose all notifiable interests in Hong Kong listed shares held in client portfolios and managed by the firm – from August 2005 to January 2013.
Although legal advice obtained by Schroder advised that an “interest” in shares was broadly defined and was not confined to the exercise of a voting right, Schroder failed to properly follow the advice.
Equity markets in the US and Europe also retreated sharply amid growing worries about the health of the global economy, which caused investors to reduce their exposures to equities and move into fixed income, particularly US and German government bonds.