BluMont Capital Corporation

BluMont Capital Corporation

June 10, 2010 15:38 ET

BluMont Capital Announces Chief Executive Officer Appointment

TORONTO, ONTARIO--(Marketwire - June 10, 2010) - BluMont Capital ("BluMont") is pleased to announce the appointment of James Wanstall as Chief Executive Officer, effective immediately. 

Mr. Wanstall has over 25 years experience in financial services. He joined the hedge fund industry in 2002, playing an instrumental role at another alternative asset management company. Since joining BluMont in 2006 he has played a critical role in the firm's strategic direction and the development of the Exemplar Portfolios.

Wanstall said "BluMont Capital is at an exciting stage of its development and I am certain that we have the strength and depth in our product line and people to have a meaningful impact on the investment industry." Victor Koloshuk, President and CEO of Integrated Asset Management Corp. (TSX:IAM), BluMont's parent company said "On behalf of Integrated Asset Management, I would like to extend our congratulations to James. He has been a key participant in the growth and development of the company. I am confident that James will be able to lead BluMont Capital to great success."

As BluMont welcomes Wanstall as CEO, the Exemplar Portfolios celebrate their 2nd anniversary. Mr. Wanstall said "We have seen real achievement with Exemplar. We gave our managers the freedom to perform and they have made money for our investors through the most difficult markets in recent memory." He continues "As of April 30, 2010 $10k invested at inception of Exemplar Canadian Focus Portfolio was worth $12,891 and that same $10k was worth $8,825 via the S&P/TSX TRIV. Clearly our approach is working."

"I look forward to further building our mandate to be a core complement to traditional portfolios and a provider of institutional quality alternatives for all investors ." said Wanstall.

About BluMont Capital

Founded in 2000, BluMont Capital ("BluMont") offers investment products designed to provide enhanced diversification and return potential outside of traditional equity and bond investments. BluMont continues to expand its relationships with top quality global investment managers to provide investors with superior alternative investment solutions.

BluMont is a wholly owned subsidiary of Toronto-based Integrated Asset Management Corp. (TSX:IAM), a leading Canadian alternative asset investment management company with approximately C$2 billion in assets and committed capital under management (www.iamgroup.ca).

Contact Information

  • BluMont Capital Corporation
    James Wanstall
    Chief Executive Officer
    416.202.6695