Appointment of Fund Manager

RNS Number : 5518E

Golden Prospect Precious Metals Ltd

13 May 2013

 



GOLDEN PROSPECT PRECIOUS METALS LIMITED

("GOLDEN PROSPECT" or "THE COMPANY")

Registered in Guernsey: 45676

Registered office: 11 New street, St Peter Port, Guernsey GY1 2PF

Appointment of Manager

The Board today announces the appointment of Will Smith as fund manager of Golden Prospect following John Wong's decision to resign from New City Investment Managers.  Will and John will co-manage the portfolio until John's departure in July 2013.  The fund managers will continue to be supported by the New City team. 

The Board would like to express their thanks to John and wish him well in his future endeavours. 

Will Smith

Will Smith has been with New City Investment Managers since 2008 and is co-manager of City Natural Resources High Yield Trust plc. He has worked alongside John Wong on the Golden Prospect portfolio since he joined New City Investment Managers.  Will has over thirty years' investment experience with New City, Panmure Gordon, UBS and Morgan Grenfell Securities.

Golden Prospect

Golden Prospect is a Guernsey closed-end investment company listed on the Channel Island Stock Exchange, LBG and traded on the London Stock Exchange SETSqx.

The fund invests in precious metals securities to provide investors with capital growth

For further information please contact:

Nigel Carter - New City Investment Managers - 0207 201 5417

Patrick Farncombe - Legis Fund Services Limited - 01481 732 152

Beth Harris - Threadneedle Communications - 0207 653 9850

 

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