Sprott Asset Management LP promotes Eric Nuttall to Lead Portfolio Manager for Sprott Energy Fund and Eric Sprott transitions to
November 08 2010 - 6:00AM
PR Newswire (Canada)
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
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