Appointed to the Board on 18 December 2017, Richard Davidson is currently Chairman of Aberforth Smaller Companies Trust plc, Chair of the University of Edinburgh’s Investment Committee, and a Trustee of their staff pension scheme. Formerly, he was a partner and manager of the Macro Fund at Lansdowne Partners. Prior to that, he was a managing director and No. 1 ranked investment strategist at Morgan Stanley, where he worked for 15 years.

Appointed to the Board on 18 December 2017, Katya Thomson is a corporate finance, strategy and business development professional with over 25 years of experience with UK and European blue chip companies. She is a non-executive director of Henderson EuroTrust plc and AVI Japan Opportunity Trust plc (in both Trusts she is also chairman of the Audit Committee) and The New Carnival Company CIC. She is a member of the Institute of Chartered Accountants in England and Wales.

Michael Phillips founded iimia Investment Group plc in 2001 (which became MAM Funds plc in 2010 and is now part of Premier Miton Group plc) and in a period of seven years built it into a group with funds under management and advice of over £2.8 billion. As chief executive he was responsible for the day to day operations of the Group until September 2008 when he left to pursue other interests. He is a Fellow of the Chartered Institute for Securities & Investment.

Hugh van Cutsem has worked in the investment company sector for over 20 years, starting his career at Cazenove. He is a founding partner of Kepler Partners LLP, a business that specialises in both the marketing of closed-end funds and the production of research on them. Kepler is also an asset management platform focused on the absolute return sector.