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Latest press releases

  • Magnus Peterson sentenced to 13 years in prison

    23 January 2015

    The former head of the collapsed hedge fund Weavering Macro Fixed Income Fund Ltd was today sentenced to a total of 13 years in prison, having been found guilty of eight counts of fraud, forgery, false accounting and fraudulent trading earlier this week.

  • City hedge fund manager convicted of multi-million pound fraud

    19 January 2015

    A former city hedge fund manager was today convicted following the Serious Fraud Office's investigation into the collapse of Weavering Macro Fixed Income Fund Ltd. Ulf Magnus Michael Peterson, 51, a Swedish national of Otham, Kent, was the founding director of Weavering Capital (UK) Ltd and the former investment manager of the Weavering Macro Fund.

  • HP Autonomy investigation

    19 January 2015

    The Director of the Serious Fraud Office has closed the SFO's investigation into the sale of Autonomy to the Hewlett-Packard company (HP) in 2011. This investigation was commenced in early 2013, following a referral from HP.