Harry Wells


Harry Wells has over 40 years' experience of investment markets, primarily as an institutional stockbroker specialising in the Asia Pacific region, based in London and Hong Kong, latterly as a Managing Director of Salomon Smith Barney. He is also Chairman of the Martin Currie Asia Unconstrained Investment Trust PLC (formerly Martin Currie Pacific Investment Trust PLC) and The Establishment Investment Trust PLC. Harry holds an MA degree in Land Economy from Cambridge University and is a Fellow of the Chartered Institute for Securities and Investment and a Member of the Royal Institution of Chartered Surveyors.

John Scott

Audit and Risk Committee Chairman

John has considerable experience of both Asian markets and of the investment trust sector. Until his retirement in June 2017, he was for 16 years a director of Scottish Mortgage Investment Trust PLC, the UK's largest conventional investment trust and a member of the FTSE-100 index; he was appointed Chairman in 2009. He is Chairman of two other investment trusts: Impax Environmental Markets plc and Jupiter Emerging & Frontier Income Trust plc. He is also Chairman of the Lloyd's Members' agent Alpha Insurance Analysts Limited and a Director of the Guernsey registered business Bluefield Solar Income Fund Limited.

John started his career in Hong Kong with Jardine Matheson in 1974 and joined investment bank Lazard Brothers in London in 1981, where he spent 20 years, including three years in Tokyo. John is a Fellow of the Chartered Insurance Institute. He has a degree in Economics from Cambridge University and an MBA from INSEAD, France.

Kate Cornish-Bowden

Kate worked for Morgan Stanley Investment Management for 12 years, where she was a Managing Director and head of Morgan Stanley Investment Management’s Global Core Equity business. Prior to joining Morgan Stanley, Kate worked for M&G Investment Management where she spent two years as a research analyst. Kate is a non-executive Director of Schroder Oriental Income Fund Limited, a non-executive Director of Finsbury Growth & Income Trust plc and a non-executive Director and Chairman of the Audit Committee of Calculus VCT plc. Kate has passed her IIMR exams and is an Associate of the Institute (now CFA), holds a Masters in Business Administration (MBA), and has completed the Financial Times Non-Executive Director Diploma. She is also a Mentor for The Prince’s Trust.

Mark Smith

Mark is an investment manager at Waverton Investment Management (formerly known as J O Hambro Investment Management) which he joined in 2002. He manages portfolios for both UK and international clients and is a Japanese equity specialist and a member of the Stock Selection Committee. Prior to joining Waverton, Mark spent a number of years in institutional fund management specialising in Japanese equities, firstly at Provident Mutual but mainly at Foreign & Colonial where he worked for five years, ultimately managing large Japanese equity funds. Mark graduated from Exeter University in 1994 with a degree in Spanish, has passed his IIMR exams and is an Associate of the Institute (now CFA).

Peter Wolton

Senior Independent Director

Peter has wide experience of Japan and the investment trust sector. He was resident in Tokyo from 1994 to 1998 where he was responsible for Schroders’ asset management activities and, from 1996, Schroders’ Country Head. He is a former director of Dunedin Income Growth Investment Trust plc, TR Property Investment Trust plc and Schroder Japan Growth Fund plc.

He commenced his career with Savills, qualifying as a Chartered Surveyor in 1980. From 1983 until 2001 he worked for Schroders, specialising in the management of UK equity portfolios for pension funds and charities until 1993 when he was transferred to Japan. From 1998 to 2001 he headed Schroders’ global retail businesses and from 2002 to 2003 was Chief Investment Officer of the Investment Management Group of Baring Asset Management.

Peter has degrees in Land Economy from Cambridge University and Contextual Theology from Middlesex University.

Note: All the Board members are independent, Non-Executive Directors.