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Battle to wind up AIMS fund spawns rival meetings

Nick Lenaghan
Nick LenaghanProperty editor
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The beleaguered managers of the AIMS Property Securities Fund have moved to head off investor unrest by calling a meeting to vote on winding up the poorly performing fund.

The meeting is set for December 7, just three days before a similar meeting already called by activist investors Sandon Capital and Samuel Terry Asset Management which will also vote on winding up the fund.

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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com

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    Original URL: https://www.afr.com/property/battle-to-wind-up-aims-fund-spawns-rival-meetings-20181120-h183mi