Ron Olin, chairman and chief executive officer of Deep Discount Advisors of Asheville, N.C., is campaigning for a proxy vote that would fire Alliance Capital Management of New York as advisor to the Austria Fund, according to an SEC filing.

The proposal to terminate Alliance's advisory contract with the fund is in a proxy that will be voted on at the fund's annual meeting on Dec. 15. It was introduced by Olin, who is an independent director of the fund.

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