Company name FinEx Physically Bkd
Headline Change of Investment Manager


RNS Number : 6941H
FinEx Physically Backed Funds plc
09 June 2017
 

COMPANY ANNOUNCEMENT

For Immediate Release

9 June 2017

 

FinEx Physically Backed Funds PLC (the "Company")

Re: Change of Investment Manager

 

The Board of Directors of the Fund (the "Board") wishes to announce that FinEx Investment Management LLP (the "Investment Manager") has replaced FinEx Capital Management LLP (the "Existing Investment Manager") as investment manager to the Fund, with effect from 09 June 2017.

The Company has appointed the Investment Manager, with its registered address at 2nd Floor, 4 Hill Street, London, 41J5NE, United Kingdom, to act as its investment manager pursuant to a deed of novation dated 09 June 2017 between the Fund, the Investment Manager, FinEx ETF Limited (the "Distributor") and the Existing Investment Manager, to the amended and restated investment management agreement dated 26 January 2017 between the Fund, the Distributor and the Existing Investment Manager (the "Investment Management Agreement") (the "Deed of Novation to the Investment Management Agreement").

The Investment Manager was incorporated in 2016 and is authorised by the Financial Conduct Authority (the "FCA") to provide discretionary asset management services.

The terms and conditions of the Deed of Novation to the Investment Management Agreement have not materially changed from the terms and conditions of the Investment Management Agreement.

 

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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