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Sprott Asset Management Inc. Announces Retirement of Senior Portfolio Manager
TORONTO, May 25 /CNW/ - Sprott Asset Management Inc. ("SAM") announced today that senior portfoli...
About this update from Sprott Inc.
[{"type":"text","content":"\n\n\n\nTORONTO, May 25 /CNW/ - Sprott Asset Management Inc. ("SAM") announced\ntoday that senior portfolio manager, Jean-Francois Tardif, has expressed his\nintention to retire, effective July 7, 2009. Mr. Tardif currently leads the\ninvestment management team for the Sprott Opportunities Hedge Fund L.P., the\nSprott Opportunities Offshore Fund Ltd., Sprott Opportunities Capital Fund,\nL.P. and the Sprott Opportunities RSP Fund (collectively, the "Funds"). To\nensure a smooth transition of his duties and responsibilities, Mr. Tardif will\nremain with SAM until July 7, 2009.\n\n\nCharles Oliver and Jamie Horvat, who are currently members of SAM's\ninvestment management team, will lead the team as senior portfolio managers of\nthe Funds and will continue to be supported by the existing analyst team for\nthe Funds. Messrs. Oliver and Horvat are also on the investment management\nteam for Sprott All Cap Fund, Sprott Global Equity Fund and Sprott Gold and\nPrecious Minerals Fund. Prior to joining SAM on January 31, 2008, Messrs.\nOliver and Horvat were co-managers of a number of AGF mutual funds overseeing\nin excess of $4 billion of assets under management. Eric Sprott continues to\nhead up SAM's investment management team for all of the Sprott funds.\n\n\nThere will be no change to the fundamental investment objectives or the\ninvestment strategies of any of the Funds as disclosed in the offering\ndocuments of those Funds.\n\n\nSAM extends its best wishes to Mr. Tardif and his family and sincerely\nthanks Mr. Tardif for his valuable contribution to SAM over the past eight\nyears.\n\n\nSAM will be hosting a webcast with Jean-Francois Tardif, Charles Oliver\nand Jamie Horvat at 10:00 a.m. (Toronto time) on Friday May 29, 2009.\nAdditional information and registration will be available through\nwww.sprott.com commencing on Wednesday, May 27, 2009. For further information,\nplease contact your financial advisor directly or contact our Sales and Client\nRelations Department at (416) 943-6707 or toll-free at 1-866-299-9906.\n\n\n----------------------------\n\n\nSprott Asset Management Inc. (www.sprott.com), together with its\naffiliates and related entities, provides management and investment advisory\nservices to many entities, including the Sprott Mutual Funds, the Sprott Hedge\nFunds, the Sprott Offshore Funds, t...