Latest Value Partners Grp (VPGLF) Headlines Asia
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Asia Pacific Fund Announces Approval of New Investment Manager by Stockholders and Election of Directors
Marketwire - Fri Sep 06, 9:30AM CDT
The Asia Pacific Fund, Inc. (the "Fund") (NYSE: APB) announced today that the stockholders of the Fund have approved the investment management agreement between the Fund and Value Partners Hong Kong Limited ("Value Partners") at a special meeting of stockholders held earlier today, September 6, 2013. The Fund further announced that Value Partners will become the Fund's investment manager effective October 1, 2013, succeeding Baring Asset Management (Asia) Limited ("Barings"), the Fund's current investment manager.
Asia Pacific Fund Announces New Investment Manager and Date of Annual and Special Meetings of Stockholders
Marketwire - Thu Jun 27, 4:00PM CDT
The Asia Pacific Fund, Inc. (the "Fund") (NYSE: APB) announced today that the Fund and Baring Asset Management (Asia) Limited ("Barings") have agreed to the termination of the investment management agreement between them upon the approval by the stockholders of the Fund of an investment management agreement between the Fund and Value Partners Hong Kong Limited ("Value Partners") at a special meeting of stockholders scheduled to be held on September 6, 2013.