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Deutsche swoops on troubled Australian fund

David Williams
Mon, 15 Jul 2013

Global giant Deutsche Bank has appointed receivers to troubled Australian fund manager LM Investment Management’s first mortgage income fund.

Gold Coast-based LM, founded by expat Kiwi Peter Drake (pictured), appointed voluntary administrators in March, sparking several overlapping court

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David Williams
Mon, 15 Jul 2013
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Deutsche swoops on troubled Australian fund
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