5 Nov 2019 07:00
5 November 2019
Gulf Investment Fund plc ("GIF" or the "Company")
Investment Manager's contract
The Board of the Company is pleased to announce that the Company has renewed its investment management agreement with its investment manager, Epicure Managers Qatar Limited (the "Investment Manager"), a wholly owned subsidiary of Qatar Insurance Company S.A.Q., for a three-year period effective from 1 November 2019.
There is no change to any material terms of the previous investment management agreement into which the Company and the Investment Manager entered on 31 October 2016 and pursuant to which the Investment Manager provided investment management services to the Company and was paid a management fee of 0.90 per cent. per annum of the Net Asset Value of the Company, calculated monthly and payable quarterly in arrears.
For further information:
Gulf Investment Fund plc +44 (0) 1624 622 851
Nick Wilson
Maitland/AMO +44 (0) 20 7379 5151
William Clutterbuck/ Finlay Donaldson gulfinvestmentfund-maitland@maitland.co.uk
Mainstream Fund Services (IOM) Limited +44 (0) 1624 692600
Ian Dungate
Panmure Gordon +44 (0) 20 7886 2500
Alex Collins / Atholl Tweedie
Gulf (GIF)