Sprott Asset Management Hires Two Portfolio Managers

TORONTO, Nov. 7, 2014 /CNW/ - Sprott Asset Management LP ("Sprott Asset Management") today announced the addition of two new portfolio managers to its investment team. James Bowen and Jonathan Wiesblatt are experienced investment professionals with strong backgrounds in portfolio construction, valuation analysis, financial modelling and security selection. They were most recently portfolio managers of a long/short hedge fund for JC Clark Ltd., a Toronto-based investment firm.

"James and Jonathan are proven portfolio managers who will deepen our investment team and expand our investment capabilities," said John Wilson, CEO and Co-CIO of Sprott Asset Management. "Together, they have established an impressive track record as stock pickers focused on North American equities. We look forward to their contributions to the management of both new and existing products, including the Sprott Canadian Equity Fund."

Mr. Bowen and Mr. Wiesblatt have a combined 24 years of investment industry experience. Prior to joining Sprott they co-managed the JC Clark Adaly Fund, delivering strong performance during their tenure on the fund. Previously, both Mr. Bowen and Mr. Wiesblatt were with Adaly Investment Management in portfolio management and research roles. Mr. Bowen is a graduate of the University of Waterloo and is a CFA Charterholder. Mr. Wiesblatt is a graduate of the University of Western Ontario and holds the designation of Chartered Investment Manager.

About Sprott Asset Management

Sprott Asset Management LP (www.sprott.com), a wholly owned subsidiary of Sprott Inc. (www.sprottinc.com), is a fund company dedicated to achieving superior returns for its investors over time. Sprott Asset Management LP manages assets primarily for institutions, endowments and high net worth individuals and is the investment manager of the Sprott Mutual Funds. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The information contained herein does not constitute an offer or solicitation by anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors should consult their financial advisor to determine if the Sprott Mutual Funds may be sold in their jurisdiction. 

SOURCE: Sprott Inc.

Glen Williams, Director of Communications, Sprott Group, T: 416.943.4394, E: [email protected]