The Swiss Helvetia Fund, Inc. Announces New Executive Officers
January 25, 2019 at 04:40 pm EST
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The Swiss Helvetia Fund Inc. announced that its Board of Directors has appointed Andrew Dakos as the Fund's President and Chief Executive Officer and Thomas Antonucci as the Fund's Chief Financial Officer, effective January 25, 2019. The appointments coincide with the resignation of the Fund's executive officers and officers, all of whom are employees of Schroder Investment Management North America Inc., the Fund's investment adviser, or its affiliates, as previously disclosed by the Fund.
The Swiss Helvetia Fund, Inc. (the Fund) is a non-diversified, closed-end investment company. The Fund's investment objective is to seek long-term growth of capital through investment in equity and equity-linked securities of Swiss companies. The Fund may also acquire and hold equity and equity-linked securities of non-Swiss companies in limited instances. The Fund primarily invests in securities of Swiss issuers. The Fund also invests in various industries, such as banks, biotechnology, building materials, chemicals, computers, diversified financial services, electric, electronic components and equipment, food, healthcare products, industrials, insurance, machinery-diversified, metal fabricate/hardware, packaging and containers, pharmaceuticals, private equity, retail, semiconductors, preferred stock, short-term investment, and transportation. Schroder Investment Management North America Inc. acts as an investment advisor for the Fund.