Clough Global Closed End Funds Portfolio Manager Departure
January 25 2017 - 4:43PM
Business Wire
Clough Capital Partners L.P. (“Clough Capital”), in conjunction
with the Clough Global Closed End Funds, announced today that after
17 years with the firm, Eric A. Brock, a founding partner and
portfolio manager of Clough Capital and each of the Clough Global
Closed-End Funds, is stepping down as a portfolio manager and has
decided to leave Clough Capital later this quarter to pursue other
business opportunities. Mr. Brock has played a key and important
role in helping to build and grow Clough Capital and the firm is
grateful for his many contributions and wishes him success in his
future endeavors.
The Clough Global Equity Fund
The Fund is a closed-end fund utilizing the Adviser’s
research-driven, thematic process, with an investment objective of
providing a high level of total return. Having a global, flexible
mandate and exploiting the Firm’s research offices in Boston and
Hong Kong, the Fund will invest at least 80% in equity and
equity-related securities in both U.S. and non-U.S. markets, and
the remainder in fixed income securities, including corporate and
sovereign debt, in both U.S. and non-U.S. markets. More information
on the Clough Global Equity Fund, including the Fund’s dividend
reinvestment plan, can be found at www.cloughglobal.com or call
877-256-8445.
The Clough Global Opportunities Fund
The Fund is a closed-end fund with an investment objective of
providing a high level of total return. The Fund seeks to achieve
this objective by applying a fundamental research-driven investment
process and will invest in equity and equity-related securities as
well as fixed income securities, including both corporate and
sovereign debt. Utilizing the Adviser’s global research
capabilities, with offices in Boston and Hong Kong, the Clough
Global Opportunities Fund will invest in both U.S. and non-U.S.
markets. More information on the Clough Global Opportunities Fund,
including the Fund’s dividend reinvestment plan, can be found at
www.cloughglobal.com or call 877-256-8445.
The Clough Global Dividend and Income Fund
The Fund is a closed-end fund with an investment objective of
providing a high level of total return. With analysts in Boston and
Hong Kong, the Clough Global Dividend and Income Fund seeks to
pursue this objective by applying a fundamental research-driven
investment process and will invest in equity and equity-related
securities as well as fixed income securities, including both
corporate and sovereign debt, in both U.S. and non-U.S. markets.
More information on the Clough Global Dividend and Income Fund,
including the Fund’s dividend reinvestment plan, can be found at
www.cloughglobal.com or call 877-256-8445.
Clough Capital Partners L.P.
Clough Capital is a Boston-based investment advisory firm which
manages approximately $2.8 billion in assets: $1.2 billion in hedge
fund and institutional accounts; $96 million in open-end mutual
funds; and $1.5 billion in three closed-end funds (as of December
31, 2016) – Clough Global Dividend and Income Fund (GLV), Clough
Global Equity (GLQ), and the Clough Global Opportunities Fund
(GLO). The firm uses a global and theme-based approach and invests
in securities on a global basis.
An investor should consider investment objectives, risks,
charges and expenses carefully before investing. To obtain a
prospectus, annual report or semi-annual report which contains this
and other information visit www.cloughglobal.com or
call 877-256-8445. Read them carefully before investing.
The Clough Global Equity Fund is a closed-end fund and
closed-end funds do not continuously issue shares for sale as
open-end mutual funds do. Since the initial public offering, the
Fund now trades in the secondary market. Investors wishing to buy
or sell shares need to place orders through an intermediary or
broker. The share price of a closed-end fund is based on the
market's value.
The Clough Global Opportunities Fund is a closed-end fund and
closed-end funds do not continuously issue shares for sale as
open-end mutual funds do. Since the initial public offering, the
Fund now trades in the secondary market. Investors wishing to buy
or sell shares need to place orders through an intermediary or
broker. The share price of a closed-end fund is based on the
market's value.
The Clough Global Dividend and Income Fund is a closed-end fund
and closed-end funds do not continuously issue shares for sale as
open-end mutual funds do. Since the initial public offering, the
Fund now trades in the secondary market. Investors wishing to buy
or sell shares need to place orders through an intermediary or
broker. The share price of a closed-end fund is based on the
market's value.
Forward-looking statements are based on information that is
available on the date hereof, and neither the fund manager nor any
other person affiliated with the fund manager has any duty to
update any forward-looking statements. Important factors that could
affect actual results to differ from these statements include,
among other factors, material, negative changes to the asset class
and the actual composition of the portfolio.
ALPS Portfolio Solutions Distributor, Inc. FINRA Member
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version on businesswire.com: http://www.businesswire.com/news/home/20170125006237/en/
Clough Capital Partners L.P.Tom Carter, ALPS, +1
303-623-2577tom.carter@alpsinc.comorFund Services Group,
877-256-8445
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