BluMont Strategic Partners Hedge Fund Appoints New Board Member.TORONTO -- BluMont Strategic Partners Hedge Fund (the "Fund") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :BSP BSP Bromsulphalein, a dye used in the study of liver function. See also sulfobromophthalein clearance test. .UN) announced today that it has appointed Stephen A. Stacey to its board of trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. and to hold the position of Chairman. Mr. Stacey has been involved with the Canadian investment industry for the last 35 years, having most recently been Senior Vice-President and Managing Director, Investor Products and Services at 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 . . Stephen is also a past member of the Investment Funds Institute of Canada's Sales Practices Committee and was a member of the Working Committee on Fund Governance and Conflicts of Interest for the Steering Committee to advise the OSC O.S.C. n. short for Order to Show Cause. (See: Order to Show Cause) regarding the Stromberg Report on Mutual Funds. Stephen assumes this position immediately upon the concurrent retirement of David Currie from the board of trustees of the Fund. About the Fund The BluMont Strategic Partners Hedge Fund is a closed-end trust the primary objective of which is to achieve capital appreciation while managing risk through the use of a diversified hedged equity investment program. The Fund pursues this objective by allocating its roughly $54 million in assets across a diversified portfolio. 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% directly owned by Toronto-based Integrated Asset Management Corp. (TSX VENTURE:IAM IAM - Interactive Algebraic Manipulation. Interactive symbolic mathematics for PDP-10. ["IAM, A System for Interactive Algebraic Manipulation", C. Christensen et al, Proc Second Symp Symb Alg Manip, ACM Mar 1971]. ), a leading alternative investment management company with approximately C$3 billion in assets under management and commitments. Further information on BluMont Capital can be found at www.blumontcapital.com. BluMont Strategic Partners Hedge Fund (TSX:BSP.UN) |
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