The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:W.P. Stewart Relocates From Bermuda Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, June 04, 2010

W.P. Stewart Relocates From Bermuda

Reported by Sean Hanna, Editor in Chief

Delaware and not Bermuda is now the formal home of W.P. Stewart & Co., Ltd., advisor to the $21 million W.P. Stewart & Co. Growth Fund. The fund advisor, which runs its portfolios from a New York City office, also has tapped a new chief investment officer.

Mark Phelps, CEO, stated that the company reincorporated from Bermuda to Delaware as part of an effort to simplify its ownership structure and reduce its underlying cost base.

Meanwhile, W.P. Stewart also promoted James Tierney, as senior vice president of U.S. equity research. Tiernay has been at the asset manager since 2000.

Shares of the company continue to trade on the Pink Sheets under the symbol "WPSLF" although company officials said a new trading symbol may be issued. The shares will no longer be listed on the Bermuda Stock Exchange. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use