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For hedge funds that specialize in mortgage bond investing last year was almost too easy when it came to making money. But this year, mortgage debt traders are cautioning investors to temper their expectations. Brazilian investment bank BTG Pactual
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February 09, 2013 Thirteen hundred New Zealand investors have put money into the Currency Protected Australian LM First Income
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The manager of a huge mortgage fund which has frozen millions of dollars of Kiwi investors' cash has slammed an attempted takeover of the fund as "piracy". Australian fund manager Trilogy yesterday launched a bid to gain control of the LM First
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An Australian fund manager has launched a bid to take over a huge mortgage fund that has frozen Kiwi investors' money for over three years. The LM Currency Protected Australian Income Fund was originally worth $120 million, the majority of which was
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Thursday Jul 12, 2012 Pyne Gould Corporation is believed to be considering a freeze on two funds which are subject to an investigation by the Financial Markets Authority over related party lending. Pyne Gould's subsidiary business Perpetual wrote to
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More financial woes for Garden Valleys Southfork Landing 4:07pm on May 29, 2012; Modified: 4:14pm on May 29, 2012 Southfork Landing/Eagle Springs Ranch has been in default on its $24 million loan and its lender, California-based Mortgage Fund 08 LLC,
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The U.S. housing market may still be in the doldrums, but funds that are betting on big gains in mortgage-related investments are a hot ticket this year on Wall Street. A number of hedge funds , asset managers and investment banks have launched
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Story continues below Courtesy of their father and former executive chairman Frank Lowy becoming non-executive chairman, Westfield managed to cut its Lowy-related costs by about $15 million...Qantas's iron grip over Fiji's Air Pacific has been
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Net profit was $5.9 million in the 12 months ended Sept. 30 compared to $508,000 a year earlier, according to the firm's financial statements, lodged with the Companies' Office last month. The firm slashed its mortgage management costs to $1.1
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Story continues below There are hopes the level of sensitivity showed by the ABA could in turn result in more home loan customers developing more empathy for Australia's big four banks and their need to report even higher profits. The ABA released a
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