Tuesday 22nd March, 2022

Programme
1.00 pm Mello welcome and company presentation by Avation plc
1.30 pm Company presentation by International Biotechnology Trust
2.00 pm Annabel Brodie-Smith, Communications Director at The AIC presents on why investment companies are suitable for an inflationary environment?
2.20 pm Company presentation by Downing Renewables & Infrastructure Trust plc
2.50 pm Company presentation by VectorVest – more detailed presentation to follow on Thursday 24th March at 12 noon
3.00 pm Paul de Gruchy updates us on his investing thoughts and ideas in the current economic climate
3.20 pm Company presentation by VT Downing Listed Infrastructure Income Fund
3.50 pm MoneyMakers Jonathan & Simon analyse the investment landscape for Investment Trusts & Funds
4.10 pm Investment Trust and Funds panel featuring Annabel Brodie-Smith, Paul de Gruchy, Ed Shing, Jonathan Davis and Simon Elliott

Annabel Brodie-Smith, Communications Director at The AIC presents on why investment companies are suitable for an inflationary environment?

Annabel Brodie-Smith,

Communications Director at The AIC

The Association of Investment Companies (AIC) was founded in 1932 to represent the interests of the investment trust industry – the oldest form of collective investment. Today, the AIC represents a broad range of investment companies, incorporating investment trusts, VCTs and other closed-end funds.

Investment companies are a way to make a single investment that gives you a share in a much larger portfolio. A type of collective investment, they let you spread your risk and access investment opportunities you wouldn’t find on your own.

Annabel joined the AIC in 1997 and manages the AIC’s PR team whose role is to communicate the uses and benefits of investment companies and VCTs to the media, opinion formers, advisers, wealth managers and private investors.

Email address: annabel.brodie-smith@theaic.co.uk     Twitter: @annabelbrodies

Company Presentation – Downing Renewables & Infrastructure Trust plc

About Downing Renewables & Infrastructure Trust plc (DORE)
DORE is a closed-end investment trust that aims to provide investors with an attractive and sustainable level of income, with an element of capital growth, by investing in a diversified portfolio of renewable energy and infrastructure assets in the UK and Northern Europe.

DORE’s strategy, which focuses on diversification by geography, technology, revenue and project stage, is designed to increase the stability of revenues and the consistency of income to shareholders. For further details please visit www.doretrust.com

About Downing LLP
Downing LLP is a London-based investment management firm. It has over 25,000 investors and has raised over £1.7 billion into businesses across a range of sectors, from renewable energy, care homes, health clubs, and children’s nurseries, to technology and sports nutrition. Downing has a demonstrable track record in renewables, having made 119 investments into solar parks, wind farms and hydroelectric plants since 2010. For further details please visit www.downing.co.uk

Tom Williams, Partner and Head of Energy and Infrastructure

Tom joined Downing as Partner in the Energy & Infrastructure team in July 2018. He heads up the team and has 20 years’ of experience as Principal and Adviser across the private equity and private debt infrastructure sectors. He trained as a Solicitor before moving into private equity, where he carried out successful transactions totalling in excess of £13 billion in the energy, utilities, transportation, accommodation and defence sectors. Tom holds a Postgraduate Diploma in Legal Practice from the Royal College of Law and both a master’s and bachelor’s degree in law from Cambridge University.

Henrik Dahlstrom, Investment Director

Henrik joined Downing in August 2020 as Investment Director in the Energy & Infrastructure division, where he leads investments in the Nordic region, an area which he has specialised in for nearly two decades.

Previous to his Downing appointment, Henrik undertook a 17-year tenure at Macquarie as a Director with Macquarie Infrastructure and Real Assets (MIRA) and was made Head of Nordic Region in 2015. Since 2004, Dahlström has been involved in all six of Macquarie’s diversified European infrastructure funds (Macquarie European Infrastructure Funds, MEIF).

Henrik holds a Master of Science and Major in Finance from Gothenburg School of Economic, Sweden being where he grew up.

Tom Moore, Partner and Head of Asset Management

Tom Moore joined Downing in May 2019 and is a Partner and Head of Asset Management. Tom is building our asset management functionality to provide our investors with an efficient and class leading management service. Prior to joining Downing, Tom was Director at Foresight Group, where he had oversight of a significant portfolio of renewable energy investments.

Company Presentation – VT Downing Listed Infrastructure Income Fund

The VT Downing Listed Infrastructure Income Fund provides low-cost (in relation to comparable funds) access to the UK listed infrastructure and renewable energy investment trust universe. The diversified portfolio aims to provide an attractive yield through exposure to a mixture of utilities, renewable energy, social infrastructure, transport and digital infrastructure assets.

About Downing LLP
Downing LLP is a London-based investment management firm. It has over 25,000 investors and has raised over £1.7 billion into businesses across a range of sectors, from renewable energy, care homes, health clubs, and children’s nurseries, to technology and sports nutrition. Downing has a demonstrable track record in renewables, having made 119 investments into solar parks, wind farms and hydroelectric plants since 2010. For further details please visit www.downing.co.uk

The VT Downing Listed Infrastructure Income Fund is run by Josh McCathie.  Josh joined Downing in October 2018 and is also the manager of the VT Downing Small & Mid-Cap Income Fund.  Josh took over as lead manager in April 2021 and became fund manager in March 2022.

Josh is supported by the wider Downing Fund Managers team, which was established in 2010 by fund manager Judith MacKenzie. Judith heads up the 15-strong team who have many years’ experience across both private and public equity markets.

Josh has over 8 years’ experience in the industry that has been focused on UK equities. Prior to Downing he was at BRI Wealth Management focusing on UK equity research. Josh is a CFA charterholder.

Josh McCathie - Fund Manager of VT Downing Listed Infrastructure Income Fund

Company Presentation – International Biotechnology Trust plc

International Biotechnology Trust plc (www.ibtplc.com) offers investors access to the fast-growing biotechnology sector through an actively managed, diversified fund. Its lead investment managers at SV Health Investors are scientifically trained with over 35 years of experience in this specialist sector between them. They are supported by over 50 specialist biotech investment professionals at SV Health Investors in London and Boston. As well as investing in a wide-ranging portfolio of global quoted biotechnology stocks, International Biotechnology Trust includes a small allocation to otherwise inaccessible earlier stage unquoted investments predominantly via one of SV’s venture funds. These investments have the potential to deliver additional returns over the long term. Excellent management teams, unique innovative products and strong potential for outperformance are the key criteria for inclusion in IBT’s diversified portfolio of assets. 

Ailsa Craig, Lead Investment Manager

Ailsa joined SV Health Investors in November 2006, where she is part of the public markets focused team. Ailsa was appointed as Joint Lead Investment Manager of the Trust in March 2021.

Previously, Ailsa worked as a research analyst, covering pharmaceutical and biotechnology stocks.

Ailsa has a BSc (Hons) in Biology from the University of Manchester. She was awarded the IMC in 2002 and the Securities Institute Diploma in 2007.

Marek Poszepczynski, Lead Investment Manager

Marek joined SV Health Investors in 2013, working as a portfolio manager for IBT. Marek was appointed Joint Lead Investment Manager of the Trust in March 2021.

Marek has more than 15 years of experience in the life sciences industry with a focus on business development. He held management positions at Handelsbanken (2010-2012) as lead equity analyst, VP Business Development at Karolinska Development AB (2008-2010) and Licensing Director at Biovitrum AB (2002-2008). Marek received the Swedish Entrepreneurial Distinction in 2015.

Marek holds a MSc in Biochemistry and MSc in Business Management from the Royal Institute of Technology, Stockholm, Sweden.

Lucy Costa Duarte, Head of Investor Relations

Lucy has served as Head of Investor Relations for IBT since 2016. 

Prior to this, Lucy spent 13 years in Equity Capital Markets at Schroders and then Citi, specialising in IPOs and follow-on equity issuance for companies from the emerging markets of Europe, the Middle East and Africa. She holds a BA in Modern Languages (Russian/German) from Durham University.

Money Makers – Join Jonathan and Simon for the latest Investment Trust news

Simon Elliott

Head of investment trust research, Winterflood Securities

Simon Elliott has covered the investment trust sector since 2002 when he joined Winterflood Securities. Since 2008 he has headed the research team, which has been highly rated in subsequent Extel Surveys. Simon started his career with PWC, qualifying as a chartered accountant in 1998, before working in industry for three years. He completed a MBA with the Cranfield School of Management in 2002.

Jonathan Davis

Editor, Money Makers

Jonathan Davis started  his career as a financial journalist on The Times, Sunday Telegraph and The Independent before qualifying as a professional investor. He is a Member of The Chartered Institute for Securities and Investment and the author of several books on stock market investment, as well as editor of the annual Investment Trusts Handbook and a senior adviser at Saunderson House.

VectorVest – Safe and Consistent Portfolio Growth

About VectorVest

VectorVest is the only stock analysis and portfolio management system that analyzes, ranks and graphs over 16,500 stocks each day for value, safety and timing and gives a clear buy, sell or hold rating on every stock every day.  VectorVest now comes complete with the UK, USA, CA, AU and all of Europe databases.  

VectorVest gives you ANSWERS, not just data. What to buy. What to sell. Most importantly, WHEN. Unbiased, independent answers. Investment guidance provided at a glance or through your own analysis.

Company Presentation – Avation plc

Avation PLC is a commercial passenger aircraft leasing company that was incorporated in England and Wales in 2006 and whose shares are admitted to the standard segment of the UK listing authority’s official list and are traded on the Main Market of the London Stock Exchange (LSE: AVAP).

Avation owns and manages a fleet of aircraft which it leases, through its subsidiaries, to airlines across the world. Our customers include Loganair, Air France, easyJet, Eva Air, Philippine Airlines, Air India, Vietjet Air, Fiji Airways, Mandarin Airlines, Cebu Pacific, Garuda Indonesia, Galistair, airBaltic and Danish Air Transport. The company’s fleet includes Airbus A320 and A220 aircraft, Boeing 737 NG and 777-300ER aircraft and ATR 72 aircraft.

Mr Richard Wolanski, B.Comm, ACA, is a Chartered Accountant and his qualifications include a Bachelor of Commerce from the University of Western Australia.

He has provided corporate, strategic and financial advisory assistance to public companies in Australia, Singapore and the United Kingdom. Mr Wolanski has significant corporate experience during his career serving in a range of Executive Director and Chief Financial Officer Company roles. In his current role as Finance Director at Avation PLC, he is primarily responsible for maintaining access to equity capital.

Investment Trusts and Funds Panel, including Paul de Gruchy, Annabel Brodie-Smith, Edmund Shing and hosted by Karin Schulte

Paul de Gruchy – Specialist Investment Trusts and Funds investor

Annabelle Brodie-Smith -Communications Director at The AIC

Karin Schulte  – ShareSoc Director
Edmund Shing – Specialist Investment Trusts and Funds investor