Hedge Fund LIM Wins Vote to Shut Aussie Manager’s China Fund

Updated on
  • AMP Capital will use KPMG to help formulate wind-up strategy
  • LIM has been pushing to narrow the China fund’s discount

Hedge fund LIM Advisors succeeded in its yearlong push to force AMP Capital Investors Ltd., one of Australia’s largest money managers, to shutter its China fund that has been trading at a steep discount.

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