BluMont Capital Announces New Appointments.TORONTO -- BluMont Capital Inc. (TSX VENTURE:BCC) is pleased to announce the appointments of Stephen J. Kangas as President and Thomas H. Simpson as Chairman of the Board, effective immediately. Mr. Kangas assumed the President's title from Toreigh N. Stuart, who remains the Chief Executive Officer of BluMont Capital. Mr. Simpson replaces founding Chairman, David A. Currie, who is retiring after serving five illustrious years in the position. Mr. Kangas (MBA, CA, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. , CAIA CAIA Chartered Alternative Investment Analyst CAIA Canadian Aquaculture Industry Alliance CAIA Conference on Artificial Intelligence for Applications CAIA China Automotive Industry Association , CHFS) is widely regarded as one of Canada's leading authorities on mutual and hedge funds. He has over ten years experience in the investment industry having been an executive at Midland Walwyn (now CIBC Wood Gundy CIBC Wood Gundy was created in 1988 with the purchase of Wood Gundy Inc. by CIBC. CIBC Wood Gundy is a division of CIBC World Markets. Canadian Imperial Bank of Commerce Chief Executive Officer: Gerald T. McCaughey | FY 2006 Statistics: Net income: $2. ), BMO Nesbitt Burns  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . , and TD Canada Trust. Prior to joining BluMont, Mr. Kangas ran his own consulting firm offering his expertise to investment management firms and financial advisors. Mr. Simpson (MBA, L.L.D.) was Executive Vice-President and Director for Global Strategy Financial Inc., a mutual fund company that managed and distributed the Global Strategy Investment Funds in association with Rothschild Asset Management Limited, of London, England. Mr. Simpson is presently a Director at University of Toronto Research at the University of Toronto has been responsible for the world's first electronic heart pacemaker, artificial larynx, single-lung transplant, nerve transplant, artificial pancreas, chemical laser, G-suit, the first practical electron microscope, the first cloning of T-cells, Asset Management and was formerly Chair of the University of Toronto's Governing Council and a trustee of the Royal Ontario Museum The Royal Ontario Museum, commonly known as the ROM (rhyming with Tom), is a major museum for world culture and natural history in the city of Toronto, Ontario, Canada. . "We are very pleased to have Stephen as our new President and Tom as our new Chairman of the Board" declared Mr. Stuart. "Since our inception in 2000, we have continually raised the standard for integrity and performance in our industry by having a strong board with independent members and hiring industry professionals of the highest calibre. It goes without saying how much we will miss David for his industry knowledge, insight and wise counsel that were so significant to our success these past five years. On behalf of the Corporation, we wish David all the best and thank him for his invaluable contribution." About BluMont Capital BluMont Capital is a leading provider of alternative investment products to Canadian investors. Specializing in hedge funds, the firm offers investors innovative investment solutions that provide enhanced diversification and robust return potential. BluMont employs 43 people nationwide and has approximately C$770 million in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . BluMont is 46.1% indirectly owned by Toronto-based Integrated Asset Management Corp. (TSX VENTURE:IAM), a leading alternative asset manager with over C$3 billion in assets under management and commitments. Further information on BluMont Capital can be found at www.blumontcapital.com. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. BluMont Capital Inc. (TSX VENTURE:BCC) |
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