O'Leary Funds and Stanton Asset Management Announce Appointment of Adam Smalley as Senior Portfolio Manager of Fixed Income

MONTREAL, Aug. 20, 2013 /CNW Telbec/ - O'Leary Funds ("O'Leary") and Stanton Asset Management ("Stanton") are pleased to announce the appointment of Adam Smalley as Senior Portfolio Manager - Fixed Income at Stanton. Mr. Smalley brings over 14 years of experience with corporate bonds, high yield bonds, floating rate income securities, and corporate credit analysis.

Mr. Smalley began his investment career in New York in 1999, with four years with Lehman Brothers in high yield structuring and origination followed by five years in portfolio management with a firm managing over $4 billion of high yield and floating rate income securities. Mr. Smalley also worked as a CPA with Arthur Andersen. His experience includes managing corporate bond and floating rate securities portfolios in a wide range of market conditions, including periods of increasing interest rates and widening credit spreads. He brings exceptional capabilities in credit analysis and knowledge of U.S. markets and issuers of high yield debt securities, developed during his years in New York. Mr. Smalley graduated with a BS from Bucknell University in Pennsylvania and an MBA from Columbia University in New York, and obtained his CPA designation in 1997.

"I am pleased to be joining the Stanton investment team, working with Connor O'Brien and his team, and participating in a growing fund management company focused on income solutions with an outstanding investment performance track record" said Mr. Smalley.

"Our team extends a very warm welcome to Adam," said Connor O'Brien. "Adam's capabilities add depth of market knowledge in corporate bonds, high yield bonds and floating rate income securities.  Attracting experienced managers demonstrates the growth outlook for our firm and commitment to building a team that will benefit our clients."

"Adam is an excellent addition to our team," said Kevin O'Leary, Chairman of O'Leary Funds. "His experience in changing market conditions makes me confident that my money and that of our investors will be well-managed."

O'Leary Funds
O'Leary Funds Management LP is a Canadian investment fund manager of mutual funds and closed-end funds striving to provide Canadian investors with reliable and strategic income solutions. Based on our value-yield investment philosophy, Canadian and global investment opportunities are identified through a disciplined investment process. Our core principles, Income, Capital Appreciation and Capital Preservation, are driven by each portfolios investment objectives. Our portfolios are diversified by sector, region and asset class. For more details about O'Leary Funds, visit www.olearyfunds.com.

Stanton Asset Management
Stanton is an investment management firm specializing in Canadian and global corporate bond and equity income strategies. Stanton serves institutional and private clients through separately managed accounts and pooled funds. Our investment strategies are designed to provide continuous income and capital preservation through a risk managed approach. Stanton is the portfolio advisor of the O'Leary Funds family of funds.

SOURCE: O'Leary Funds Management LP

For media inquiries or additional information, please contact Louise Anne Poirier, Investor Relations at [email protected] or at 877-849-2004 or 514-849-1056.