former lm salesman describes moment firm
A former salesman for failed Australian fund company LM Investment Management has described the moment he and his colleagues received the news the firm was going into administration as a "horrendous shock".
LMIM
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lmim situation severe as investors face
The status of a series of funds managed by an Australian asset manager now in receivership has been described as “severe” in a report from a delegation of advisers who visited Brisbane earlier this month.
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court applications filed in lm investment
Proceedings have been filed in Queensland Supreme Court in Australia in connection with one of the funds managed by LM Investment Management, the beleaguered fund management group which filed for voluntary administration in March.
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australian court hands control of key lm fund
The Supreme Court of Queensland today transferred control of a key LM Investment Management fund to KordaMentha, an Australian insolvency and restructuring specialist, and Calibre Capital Ltd.
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Australia’s LMIM in administration
LM Investment Management Ltd, an Australia-based fund manager with assets under management last year of as much as A$3bn($3.1bn), has been placed into voluntary administration, International Adviser has learned.
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australias lm investment enters uk
LM Investment Management, a Queensland, Australia-based global asset manager, has opened an office in London and is preparing to market its range of products into the UK.
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lm promises capital distributions soon as
LM Investment Management has updated investors on the sale of assets within the LM First Mortgage Income Fund and said it will soon be ready to make capital distributions.
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lm launches attack on corporate fund raider
LM Investment Management has hit back at fund management group Trilogy, which took control of the LM Wholesale First Mortgage Income Fund from it earlier this month, calling Trilogy’s behaviour “woeful”.
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trilogy wrenches control of aussie property
Asset manager Trilogy Funds has wrenched control of an Australian property fund from its original fund managers, LM Investment Management, after claiming the company was taking excessive fees and not managing the fund correctly.
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LM launches Australia-focused property Sicav
LM Investment Management has launched a Sicav offering exposure to Australias property market.