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The firm's Agricultural Funds Management team reportedly extracted confidential information by posing as a family office in an email to a competitor, according to The Australian Financial Review.
Agriculture fund managers in Australia had a generally positive view of the recent Australian budget, despite the general dissatisfaction among other sectors in the country.
John Baker
John Baker, chief executive of First Agriculture Holdings, tells Agri Investor why he has decided to go down the agri REIT route.
Australian flag in forest - iStock
Some Australian forestry assets on the market are being priced at around 50 percent lower than 10 years ago as the typical life cycle of trees bought in the early 2000s comes to an end.
Cow - iStock
The Australian agriculture manager is planning to launch a dairy fund and has hired Deo de Jesus as senior analyst for the new project.
Crop - iStock
The land will be managed by the same team that handles similar land in the same part of Victoria, Australia for AgCAP, investment manager of the Sustainable Agriculture Fund.
The acquisition of this north-western Tasmanian plantation by July will take New Forests’ total estate up to half a million hectares.
Agri Investor’s first drinks event went off with a bang as attendees discussed investing into Africa, the trials and tribulations of tilling the land and the debate between Australian and New Zealand dairy managers heated up.
Declining domestic production of beef in China is good news for fund managers focusing on the beef sector in countries such as Australia.
The SLM Australia Livestock Fund is negotiating an A$20m - A$30m debt and equity deal with an undisclosed institutional investor.
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