AIMS Fund Management has voted its stake against a resolution to wind up the $93 million ASX-listed AIMS Property Securities Fund.
Investors, led by Fred Woollard's Samuel Terry Asset Management, who have been seeking to realise value in the fund, managed to gain 26.2 per cent of votes in favour of the wind up.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter.
