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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

FMA issues interim stop order against $210m wholesale property fund

The One in Longhorn Partnership Fund promoted returns of 50%.

The Financial Markets Authority has issued an interim stop order to effectively freeze a wholesale investment fund due to concerns about the returns it is promoting and its level of risk.

The FMA said today it had issued the order against The One Management GP and James Law Realty regarding an

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Hamish McNicol Mon, 28 Mar 2022
Contact the Writer: Hmcnicol@nbr.co.nz
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FMA issues interim stop order against $210m wholesale property fund
General Business,
90998
true