Stone Asset Management Limited Congratulates Martin Anstee on His Retirement

TORONTO, ONTARIO--(Marketwired - Oct. 6, 2014) - Richard Stone, Chairman, Founder and Co-Chief Investment Officer of Stone Asset Management Limited ("SAM"), announced today that Martin Anstee, lead portfolio manager for the Stone Pure Total Return® mandates and Co-Chief Investment Officer, is retiring this month. Mr. Anstee has accepted the nomination to be a board member of SAM's parent company, Stone Investment Group Limited, and will assume the role of Chair of the Investment Committee; therefore the investment mandates of Pure Total Return®, Pure Growth® and Pure Focused Return™ will continue to benefit from his insights and experience. Richard Stone will continue in the role of Chief Investment Officer.

"When I joined SAM 12 years ago I had three goals in mind. They were to improve performance, to bring in new assets, and to select my own successor," said Anstee. "Having accomplished the first two goals, I have now also achieved the last goal, and Mohsin Bashir will become the new lead manager for the Pure Total Return® mandates. Mohsin has been working closely with me for the past two years as co-manager of the Pure Total Return™ mandates. I have utmost respect for his abilities and firmly believe that he possesses the attributes to be a first-class portfolio manager."

As lead manager, Mr. Bashir will continue to manage the portfolios with the same investment philosophy and process. The investment management process is tightly disciplined and designed to achieve the mandate of the funds, which is to generate above-average, risk-adjusted returns over the long term. In recognition of his expanded role as lead portfolio manager, Mr. Bashir has been promoted to Vice President, Investments.

"Martin is the first employee of the firm to retire and we see this as a natural evolution for a 20-year-old business," said Richard Stone. "Martin has prepared Mohsin well to take over the day-to-day management of Stone's Pure Total Return® mandates using the firm's proprietary investment model. We are confident that our investors will benefit from a properly executed succession plan, where their investment mandate will not change and SAM will continue to deliver the same investment service standards. "

"On behalf of the entire team at SAM, I thank Martin for his contributions to our success during his long tenure, and wish him a happy and fulfilling retirement."

Stone Asset Management Limited provides investment management services via distinctive investment mandates, overseen daily by the disciplined execution of a proprietary investment process and investment philosophy. Access to SAM investment mandates can be achieved via a family of open-end mutual funds, pooled funds, a TSX-listed investment fund, flow-through limited partnerships and our Private Wealth Management services. SAM's expertise ranges from servicing Canada's retail investors working with their financial advisors to the complexities of working directly with Family Offices, endowments and foundations. At Stone, we want our investors to sleep well knowing they have the financial resources to live well.