PHILADELPHIA, April 17, 2015 /PRNewswire/ -- The Asia Tigers
Fund, Inc. (NYSE: GRR) (the "Fund"), a closed-end equity fund,
announced today that Mr. J. Marc
Hardy has been appointed to the Board of Directors as a
Class III Director, a member of the Audit Committee and a member of
the Nominating Committee.
Mr. Hardy is a qualified stockbroker and has been providing
investment advice to pension and investment funds for many years
through Axys Capital Management. Since October 2010, he is the investment manager of
NMHGSF, a large pension fund, and acts as Treasurer to a large
group where he uses extensively derivatives products to manage
foreign exchange risk and improve profitability. Mr. Hardy has
served as a member of the Board Investment Committee of Mauritius
Union Group since January 2012, and
is a member of several investment committees for highly reputable
institutions. He is also a Director of SBM Perpetual Fund,
SBM India Fund, Hanover Reinsurance Ltd., MDA Properties Ltd of the
ENL Group, and The India Fund, Inc.
Important Information
Closed-end funds are traded on the secondary market through one
of the stock exchanges. The Fund's investment return and principal
value will fluctuate so that an investor's shares may be worth more
or less than the original cost. Shares of closed-end funds may
trade above (a premium) or below (a discount) the net asset value
(NAV) of the fund's portfolio. There is no assurance that the Fund
will achieve its investment objective.
If you wish to receive this information
electronically, please contact
InvestorRelations@aberdeen-asset.com
aberdeengrr.com
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SOURCE The Asia Tigers Fund, Inc.