...a little update on the where abouts of John Embry from Sprott.

Maybe he'll be looking after NOT's portfolio of mining properties now! ;)

Cheers, MGB

Ex-AGF managers land at Sprott
January 29, 2008 |

Charles Oliver and Jamie Horvat, the award-winning resource fund managers who recently left AGF Funds, have been hired by Sprott Asset Management (SAM). The firm's president and CEO, Eric Sprott, told Advisor.ca that the two have been brought on to take over the portfolio duties of chief investment strategist John Embry.

Oliver and Horvat resigned suddenly last Friday from AGF Funds, where they had management responsibilities for five resource-heavy mandates, including the AGF Precious Metals Fund, which won the Precious Metals Equity Fund of the Year at the 2004, 2006 and 2007 Canadian Investment Awards.

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Sprott says his company had been searching for some capable managers to take over the portfolio duties of Embry, a renowned gold-investing expert.

"The reason that we have hired them is that John Embry really doesn't want to do day-to-day work here. He's going to stay with us as our chief investment officer, but he's got to slow it down a little," Sprott says. "I would say as a strategist he will be very involved. He's very much involved in the gold scene, and I'm sure he'll continue to be involved from a macro sense on the study of gold and preaching our view on gold to the public at large."