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TORONTO, Nov. 8 /CNW/ --
TORONTO, Nov. 8 /CNW/ - Sprott Asset Management LP ("Sprott") announced
today that Eric Nuttall will assume the role of lead portfolio manager
for Sprott Energy Fund. Eric Sprott will continue to be part of the
Fund's portfolio management team, supporting Mr. Nuttall in the role of
Advisor.
The appointment of Eric Nuttall from co-manager to lead manager is in
recognition of his expertise in the energy sector and his successful
investment contributions to Sprott's family of funds. "At Sprott Asset
Management, we pride ourselves on hiring and developing the best
investment talent and Eric Nuttall is a great example of how we develop
talent from within our organization. Our investors should feel very
confident with Eric Nuttall becoming lead portfolio manager on the
Fund", says Eric Sprott, CEO and CIO of Sprott Asset Management.
Eric Nuttall joined Sprott Asset Management in February 2003. Over his
nearly eight years with Sprott, he has primarily focused on the oil and
gas sector, and has been responsible for selecting many of the top
performing stocks in the sector. He also supports the rest of the
Sprott portfolio management team by identifying oil and gas investment
opportunities. His insight into emerging unconventional energy
discoveries has been covered in several financial publications such as
The Wall Street Journal Asia and Barron's.
Mr. Nuttall joined Sprott as a research associate and was subsequently
promoted to the position of research analyst in 2005, associate
portfolio manager in 2008 and then to portfolio manager in January
2010. In March of this year, Mr. Nuttall was made co-manager of Sprott
Energy Fund. In addition, he is co-manager of Sprott 2010 Flow-Through
Limited Partnership with Allan Jacobs.
Mr. Nuttall graduated with high honours from Carleton University with an
Honours Bachelor of International Business.
Sprott Asset Management LP (www.sprott.com), together with its
affiliates and related entities, provides management and investment
advisory services to many entities, including the Sprott Mutual Funds,
the Sprott Hedge Funds, the Sprott Offshore Funds, the Sprott
discretionary managed accounts, and management of certain companies,
such as Sprott Resource Corp.
%SEDAR: 00026778EF
pon Sprott Asset Management LP, please visit a href="http://www.sprott.com"www.sprott.com/a; Investor contact information: (416) 362-7172 or (866) 299-9906 or a href="mailto:invest@sprott.com"invest@sprott.com/a./p