The collapse of property fund house LM Investment Management in March last year spelt financial ruin for thousands of Australian and expatriate investors around the world, including Hong Kong. Photo: Bloomberg The collapse of property fund house LM Investment Management in March last year spelt financial ruin for thousands of Australian and expatriate investors around the world, including Hong Kong. Photo: Bloomberg
The collapse of property fund house LM Investment Management in March last year spelt financial ruin for thousands of Australian and expatriate investors around the world, including Hong Kong. Photo: Bloomberg

Australian regulator moves against failed fund house LM

Regulator to seek fines and bans on executives after collapse of property fund robs thousands of investors in HK and elsewhere of their savings

The collapse of property fund house LM Investment Management in March last year spelt financial ruin for thousands of Australian and expatriate investors around the world, including Hong Kong. Photo: Bloomberg The collapse of property fund house LM Investment Management in March last year spelt financial ruin for thousands of Australian and expatriate investors around the world, including Hong Kong. Photo: Bloomberg
The collapse of property fund house LM Investment Management in March last year spelt financial ruin for thousands of Australian and expatriate investors around the world, including Hong Kong. Photo: Bloomberg
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