Incentive no longer necessary, Sorbara says
Change viewed as positive for shareholders of B.C. LSIF
VentureLink funds to be sold to funds’ managers
Valuation adjustment results in 20% drop
Investigation follows review of auditor general’s report
Merging fund with another LSIF is one option
Board moves to reduces operating expenses
LSIF reports $46 million decline in net asset value
Firm now managing $800 million in assets
LSIF reviewing OAG request