Marlin still hooked to Fisher
Thursday, November 1st 2012, 5:11PM 
2 Comments
Investors in listed investment vehicle Marlin Global have voted nearly four to one against a proposal by Elevation Capital to remove Fisher Funds as manager, wind up the company and return capital to shareholders.
Marlin said the resolution saw the highest number of shares voted in the company’s history, “indicating that shareholders had strong views regarding Elevation’s proposal.”
Votes in favour accounted for fewer than 8% of total shares on issue, Marlin said.
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Comments from our readers
On 2 November 2012 at 9:49 am It's different this time said:
"Votes in favour [of Elevation] accounted for fewer than 8% of total shares on issue, Marlin said." Doesn't sound like much. But the flip side is that only 31% of total shares on issue actually voted to support Fisher Funds. Hardly a resounding endorsement.... I'm not a Marlin or Elevation investor but I do admire Chris Swasbrook's audacity/nous. On 2 November 2012 at 9:41 pm Ex Marlin Investor said:
Carmel Fisher/Fisher Funds never writes about her failures in the Sunday Star and Marlin has been a monumental disaster for investors since inception in 2007. Sign In to add your comment
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