We urge consumers to join HBAM
and oppose this misguided special interest attack on small business and consumers, who can least afford this unnecessary change in the building code.
However, while potentially transformative inside selected slices of clinical activity, the majority of hospital activity remains within the province's traditional global budget paradigm, annually re-adjusted with the HBAM
As described in the Funds' proxy statement, the new advisory agreements with HBAM will become effective upon the successful consummation of the transaction between Morgan Asset Management and HBAM.
Formed as a registered investment adviser in 1989, HBAM manages more than $22 billion in fixed income assets for institutional and retail investors, such as pension funds, financial institutions, insurance companies, and foundations.
The agreement contemplates that, following the approval of new investment advisory agreements by shareholders of the Funds, HBAM would become the investment adviser for the Funds, and that MAM would no longer serve as the Funds' investment adviser after the Transaction.
In anticipation of the consummation of the Transaction, the current Boards of Directors of the Funds have unanimously approved new investment advisory agreements with HBAM and the nomination of five new directors of the Funds.