Sprott to launch first fixed income fund

By Lawrence Delevingne

Tue Jul 20, 2010

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The Sprott Absolute Return Income Fund is set to launch August 31 and will managed by Scott Colbourne.

Sprott Asset Management, the Toronto firm that has made a fortune on investments in gold and natural resources, is branching into fixed income, with plans to launch the Sprott Absolute Return Income Fund August 31.Scott Colbourne, an award-winning bond investor hired this spring, will be the lead manager for the fund and two other fixed-income mutual funds for Sprott.Sprott is expanding after its other...

ISSN: 2151-1845 / CDC10004H

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