ASIC Extends Suspension of LMIM AFSL
2 April 2015 The Australian Securities and Investments Commission provided notice that under s915B(3)(b) of the Corporations Act 2001, the Australian Financial Services Licence of LM Investment Management Limited would be suspended until 2 April 2017.
Important Change to Address Information
Please be advise that the existing post office boxes maintained for LM Investment Management Limited will be cancelled effective 27 February 2015.
All future correspondence not required to be sent to registry, should be forwarded to our office, GPO Box 3127 Brisbane, Queensland 4001.
Update of Registry Contact Information
On 21 January 2015, Correpondence was forwarded to investors in the Australian Income Fund, Cash Performance Fund, and Structured Product Funds, advising them that the registry services are now being handled by Armstrong Registry Services. Click on the below links to view current contact information for registry enquiries.
Registry Details Update - AIF
Registry Details Update - CPF
Registry Details Update - ASPF
Please be advised that previous LM staff emails and the firstname.lastname@example.org emails are no longer monitored.
Enquiries relating to the Institutional Currency Protected Australian Income Fund (ICPAIF) and Currency Protected Australian Income Fund (CPAIF) should continue to be sent to email@example.com. The registry of CPAIF and ICPAIF will be maintained by FTI Consulting staff members in conjunction with an ex LM staff member who will assist in responding to investor requests on an ad hoc basis.
FTI Consulting Appointed Liquidators of LM Investment Management Ltd
At a meeting of creditors held on 1 August 2013 creditors resolved that LM Investment Management Limited be placed into Liquidations and that the Adminisrators, John Park and Ginette Muller of FTI Consulting be appointed the Liquidators to wind up the Company.
FTI Consulting Appointed Voluntary Administrators of LM Investment Management Ltd
The Directors of LM Investment Management Ltd (LMIM), the privately-owned Australian specialist fund manager, have appointed John Park and Ginette Muller of FTI Consulting as Voluntary Administrators on 19 March 2013.
The Board of LMIM advised that the appointment of FTI Consulting was made after full consideration of its obligations as a company and its duties to ensure it acts on the best interests of investors in the LM Funds.
FTI Consulting is undertaking a review of the business and all of the LM funds and updates will be issued to unit holders as a matter of priority.
Any additional information relating to the Voluntary Administration process should be directed to FTI Consulting via the enquiries section.
Should unit holders require further information please complete the enquiry section on the contacts page.
Should you wish to report a complaint to ASIC regarding your investment, please contact ASIC on 1300 300 630 or go to www.asic.gov.au/complain.
30 January 2015 - FMIF Update by BDO
21 January 2015 - AIF Registry Details Update
21 January 2015 - CPF Registry Details Update
21 January 2015 - ASPF Registry Details Update
5 November 2014 - CPF Distribution
2 October 2014 - AIF Litigation
25 September 2014 - AIF Litigation
1 July 2014 - CPF Update
1 July 2014 - AIF Update
18 June 2014 - ASPF Update
17 December 2013 - Commencement of AIF capital distribution
19 November 2013 - Notice Under Section 601NC (ASPF)
4 November 2013 - Notice Under Section 601NC (AIF)
4 November 2013 - Notice Under Section 601NC (CPF)
18 October 2013 - Notice Under Section 601NC (CPAIF)
18 October 2013 - Notice Under Section 601NC (ICPAIF)
21 August 2013 - FMIF Court Orders
8 August 2013 - FMIF Judgment Press Release
22 July 2013 - FMIF Lititgation Update
11 July 2013 - Deutsche Bank AG appoint Receivers and Managers to the assets of FMIF
25 June 2013 - FMIF and Feeder Fund Distribution Update
14 June 2013 - Australian Income Fund Update
31 May 2013 - Circular to Investors (Investor Meeting Adjournment)
27 May 2013 - Question and Answer Document (Investor Meeting)
17 May 2013 - Circular to Advisers and Investors of the FMIF (Investor Meeting Information)