Elevation Capital questions Fisher Funds' renewed Marlin contract ahead of AGM

Thu, 25 Oct 2012

By Paul McBeth Oct. 25 (BusinessDesk) - Fund manager Elevation Capital is questioning Marlin Global's decision to renew Fisher Funds' management of the listed investment firm ahead of next week's annual meeting, where Elevation is lobbying to wind up the company. Elevation is urging Marlin shareholders to consider why the firm's independent directors backed renewing a management contract before the annual meeting, and with the knowledge of the resolution to wind the company up. The fund manager wants Marlin shareholders to support a resolu...

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