Sprott to launch first fixed income fund
By Lawrence Delevingne
Tue Jul 20, 2010
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...
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