Witan Pacific Investment Trust plc appoints new Director

Witan Pacific Investment Trust plc (‘Witan Pacific’) has appointed Chris Ralph, Chief Investment Officer at St James’s Place plc, to its Board as an Independent Director.
Chris has over 30 years’ experience in the financial services sector, including over 15 years’ experience of investment manager selection and monitoring. Since 2009, he has been Chief Investment Officer at St James’s Place plc, with responsibility for assets under management of nearly £80 billion. Chris has extensive knowledge and experience of the Asia-Pacific region and is Chair of the Asia Investment Committee at St. James’s Place.

Chris’s appointment strengthens the Board’s disciplined process of selecting Witan Pacific’s portfolio managers. Witan Pacific operates a multi-manager investment approach, with the Board appointing third party portfolio managers to identify the best opportunities from across the entire Asia Pacific (including Japan) region.
Witan Pacific also welcomes a new Chair, Susan Platts-Martin. Having spent 26 years in a range of senior roles at Fidelity International, including Head of Investment Trusts, Susan has considerable knowledge of investment companies and the wider investment management industry. Susan, who has been a member of the Board since July 2014, is the third consecutive female Chair of Witan Pacific, succeeding Sarah Bates at the Company’s 110th AGM on 14th June 2017.

Witan Pacific’s Chair, Susan Platts-Martin says:

“Thanks to Sarah for her wise counsel over the years, her input will be missed and the Board wishes her well in future. I am delighted that Chris is joining the Board and looking forward to working with him and confident that his skills and experience will be of great benefit to the Board and shareholders in the years ahead.”

- ENDS –


Notes


Witan Pacific Investment Trust plc
Witan Pacific Investment Trust is a multi-manager, Asia-Pacific including Japan Trust with assets of £229m (Source: Witan Pacific Factsheet 31.05.2017). The Trust moved to a multi-manager structure on 27 May 2005 with Witan Investment Services as Executive Manager. The Trust’s benchmark is the MSCI AC Asia Pacific Free Index (£) with gross dividends reinvested.

Witan Investment Services Limited is a wholly-owned subsidiary of Witan Investment Trust plc. Witan Pacific Investment Trust plc is registered as an Investment Company in England No 91798.


Multi-Manager Structure (as at 31.01.2017)
Matthews 46.4%
Aberdeen Asset Management 43.4%
Gavekal 10.2%
Source: WM Company

For further information please contact:


James Hart, Investment Director
Witan Investment Services Limited
Tel: 020 7227 9770

Hannah Philp, Director of Marketing
Witan Investment Services Limited
Tel: 020 7227 9770
[email protected]

 

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