Investment Manager's contract

RNS Number : 2290S

Gulf Investment Fund PLC

05 November 2019

 

5 November 2019

Gulf Investment Fund plc ("GIF" or the "Company")

Investment Manager's contract

The Board of the Company is pleased to announce that the Company has renewed its investment management agreement with its investment manager, Epicure Managers Qatar Limited (the "Investment Manager"), a wholly owned subsidiary of Qatar Insurance Company S.A.Q., for a three-year period effective from 1 November 2019.

There is no change to any material terms of the previous investment management agreement into which the Company and the Investment Manager entered on 31 October 2016 and pursuant to which the Investment Manager provided investment management services to the Company and was paid a management fee of 0.90 per cent. per annum of the Net Asset Value of the Company, calculated monthly and payable quarterly in arrears.

For further information:

Gulf Investment Fund plc                                            [phone]

Nick Wilson

Maitland/AMO                                                              [phone]

William Clutterbuck/ Finlay Donaldson                     [e-mail]

Mainstream Fund Services (IOM) Limited               [phone]

Ian Dungate                                 

Panmure Gordon                                                           [phone]

Alex Collins / Atholl Tweedie

 

END

 

 

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