John Wilson was named CEO of Sprott Asset Management, Sprott Inc.'s mutual fund and hedge fund subsidiary.
Mr. Wilson is co-chief investment officer and senior portfolio manager at Sprott Asset Management. He retains those duties and will continue to work with Scott Colbourne, co-CIO, said John Ciampaglia, COO at Sprott Asset Management.
As CEO, Mr. Wilson replaces Eric Sprott, who will continue as chairman and CIO of the parent company and senior portfolio manager at Sprott Asset Management. Peter Grosskopf remains CEO of Sprott Inc.
Sprott Asset Management had C$5.9 billion US$5.3 billion) in assets under management as of Dec. 31.