Bond.az reports that Geiger Counter Limited has announced that portfolio management services will be delegated to Manulife Investment Management Limited starting Sunday.
This decision follows previous announcements on March 16 and March 26, 2026, regarding the company's investment management arrangements and a protective notice served to its investment manager, CQS (UK) LLP, part of the Manulife Group. The company stated it continues to consider various options.
Under a sub-investment management agreement between CQS and Manulife Canada, two portfolio managers, Diana Racanelli and Craig Bethune, will assume responsibility for managing the portfolio from May 18, 2026. Keith Watson and Robert Crayfourd may provide advisory support until their notice period expires on June 2, 2026.
Racanelli and Bethune, both based in Toronto, are senior portfolio managers at Manulife Canada with 12 years at the firm. Together they manage $544 million in metals, mining and energy assets, plus an additional $1.096 billion in metals, mining and resources exposure in team-managed assets.
The company stated there is no change to its investment process, strategy or operations. Geiger Counter provided consent to the delegation arrangement.
The company said the action is in shareholders’ best interests as it continues to explore long-term options. A further update will be provided in due course.
