Stripped Dunedin fund manager ‘gobsmacked’ by FMA, Trustees Executors action
Annual reports show Forsyth Barr had client investments worth $340k with the funds.
A director of the Dunedin fund manager that was stripped of three property investment funds worth more than $20 million says he is gobsmacked by the actions of the Financial Markets Authority and Trustees Executors.
The FMA this week appointed KPMG Restructuring as temporary manager of three
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