Breuer said when " irregularities " concerning unlisted securities were discovered in three funds that the bank might move control of London-based MGAM back to Frankfurt.
42.
Horlick, who played a role in bringing Young over to Morgan Grenfell from Mercury Asset Management in 1993, was not implicated in the unlisted securities scandal.
43.
Morgan Grenfell halted trading in the funds Monday after discovering what it called " irregularities " in the values of certain unlisted securities held by the funds.
44.
Deutsche Morgan Grenfell claims fired fund manager Peter Young personally profited from a series of holding companies he set up to hide his ownership in unlisted securities.
45.
Fund manager Peter Young was fired in September for violating U . K . limits on the amount of unlisted securities he placed in funds he managed.
46.
The Solv-Ex purchases are at the center of a scandal involving three Morgan Grenfell funds with combined assets of $ 2 . 1 billion that bought unlisted securities.
47.
The exchange also is proceeding with its Alternative Investment Market, which was begun this summer to attract small companies to the market and to replace the Unlisted Securities Market.
48.
U . K . regulations, which allow investment funds to hold as much as 10 percent of their assets as unlisted securities, are also likely to come under scrutiny.
49.
Deutsche Morgan Grenfell said three investment funds suspended from trading yesterday will resume trading Thursday and that its parent company bought some unlisted securities currently owned by the funds.
50.
To date, Deutsche has spent 400 million pounds paying compensation to investors in the funds and buying certain unlisted securities from the funds that should not have been in them.