Tavistock Investments (GB:TAVI) has released an update.
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Tavistock Investments PLC has confirmed the poor performance of its ACUMEN Portfolios, with losses ranging from 7.89% to 13.51%, ranking them in the lowest quartile compared to benchmarks. Following the termination of their relationship with Titan, Tavistock has initiated a legal claim against Titan, refuting Titan’s allegations of wrongful conduct as false and retaliatory. The company has declared that it will not comment further as the matter is now in the pre-action stage of legal proceedings.
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