Tuesday 18th June 2024, 1.00pm – 3.30pm

Karin Schulte, Investment Trusts and Funds specialist

Karin Schulte will be your host for this event.  She has worked in global logistics, investment banking and private equity in Asia for a total of 25 years based in Hong Kong, Singapore and Australia. Karin is currently based in the UK and actively invests in listed and unlisted companies. Karin has extensive experience also in the not-for-profit sector both in the UK and internationally. Karin has a portfolio of roles and has a particular interest in the next generation of leaders.

Company Presentation – JPMorgan European Growth & Income plc

JPMorgan European Growth & Income plc has a distinctive strategy for investing in Europe – with an enhanced dividend policy. The investment managers focus on building a core portfolio of European equities comprising well managed companies with improving prospects and attractive valuations. The Company will pay out 4% of the net asset value as dividends set at the start of each financial year subject to sufficient distributable reserves. This dividend policy does not compromise the investment managers’ investment approach, which is focused on continuing to generate total returns in excess of the MSCI Europe ex UK index.

Tim Lewis, executive director, is a portfolio manager within the J.P. Morgan Asset Management International Equity Group, based in London. An employee since 2013, Tim joined the firm as a graduate trainee. He obtained a BA in Business and Economics at Trinity College Dublin, and a MSc in Behavioural Economics from the University of Nottingham. Tim is a CFA charterholder.

Tim Lewis, executive director

Company Presentation – Nippon Active Value Fund

Nippon Active Value Fund (“NAVF”) is an Investment Trust listed on the Premium Segment of the London Stock Exchange. The investment advisor of the Fund is Rising Sun Management Limited. NAVF is targeting attractive levels of capital growth for shareholders from the active management of a focused portfolio of (predominantly) quoted Japanese equity investments. Rising Sun Management Limited, with its local presence in Tokyo targets companies which are attractive, undervalued and have a substantial proportion of their market capitalisation held in cash and/or listed securities and/or realisable assets.

Paul ffolkes Davis, Chairman

The Chairman of Rising Sun Management Ltd, Paul has over 40 years’ experience in the financial services industry. With an initial focus on fixed income, he progressed through managing principal trading books, to running the equity capital markets divisions of several leading investment banks.  Previous directorships have included: N M Rothschild & Sons Ltd (where he was part of the team that privatised the world), NatWest Markets and Rabobank International.

From September 2004 until March 2020, Paul was the Bursar of Trinity Hall, one of Cambridge University’s oldest colleges, responsible for its operational estate and managing its investments in both diverse securities and property portfolios. Under his tutelage the college’s endowment grew seven-fold to over £320 million. While at Cambridge, he chaired the University’s Board of Scrutiny and the Bursars’ Investment Committee.  In June 2012, Paul founded Cambridge and Counties Bank, a specialised property lender, and acted as its first Chairman. Subsequently, he served as Vice-Chairman and Chairman of its Nominations & Governance Committee.

He holds MA degrees from both Oxford and Cambridge Universities.