Australia

Industry | 19 Mar 13

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.

Asia | 29 Jan 13

Easton Investments, a Melbourne, Australia-based, Australian Securities Exchange-listed company, is purchasing a 19.9% stake in Singapore’s AAM Advisory, as it seeks to boost its presence in the booming southeast Asian city-state.

United Kingdom | 23 Jan 13

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.

Asia | 3 Jul 12

The Australian Securities & Investments Commission (ASIC) is to consult the financial advice industry on its plans to introduce a new, national exam for advisers, as part of the countrys ongoing effort to boost advice standards.

Industry | 7 Sep 11

First State has launched a fund investing in large cap Australian stocks.