Scottish Oriental Smlr Co Tst PLC Change in Investment Management Arrangements (5938D)
28 April 2017 - 12:22AM
UK Regulatory
TIDMSST
RNS Number : 5938D
Scottish Oriental Smlr Co Tst PLC
27 April 2017
To: RNS
From: The Scottish Oriental Smaller Companies Trust plc
Date: 27 April 2017
Change in Investment Management Arrangements
Wee-Li Hee, the lead portfolio manager for The Scottish Oriental
Smaller Companies Trust plc, ("the Company") is due to return from
maternity leave in July. In discussion with the First State Stewart
Asia management team and the Board of Scottish Oriental, Wee-Li has
expressed a preference to step back from lead portfolio manager
responsibility for the Company.
Vinay Agarwal has been managing the Company's portfolio during
Wee-Li's maternity leave and will assume the role of lead portfolio
manager on a permanent basis with immediate effect. On return from
maternity leave, Wee-Li will assume the role of co portfolio
manager for the Company. Scott McNab will remain deputy manager.
Martin Lau will no longer have a formal role with the Company but
will continue to provide company analysis and oversight in his role
as joint managing partner of the First State Stewart Asia team.
The Board hopes that that the continuity provided by this
arrangement will serve to reassure investors about the long term
prospects of the Company.
Steven Davidson
Company Secretary
Enquiries: 0131 538 6603
This information is provided by RNS
The company news service from the London Stock Exchange
END
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