LMIM
advisers form lm action group for investors
A group of advisers with clients invested in the LM Investment Management fund range have come together to form a committee to represent investors.
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 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.
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.
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.