Ernest John Fenton (Chairman), aged 71, appointed 8 May 1996, is a chartered accountant. He became a partner of W Greenwell & Co in 1972 and was chairman and chief executive of Greenwell Montagu Stockbrokers until 1993. He was director general of the Association of Investment Companies from 1993 to 1997.
Andrew Charles Barker, aged 65, appointed 10 March 2005, has spent his career in investment management after joining F & C Management Ltd in 1970. He was responsible for F & C Management Ltd's North American Investments from 1985 until his retirement in 2000. He is chairman of British Portfolio Trust plc, International Biotechnology Trust plc, JP Morgan Midcap plc and Morant Wright Japan Income Trust Ltd.
Steven Andrew Ralph Bates, aged 52, appointed 27 January 2005, was head of global emerging markets at JP Morgan Fleming until 2002. He is a director of Zephyr Management UK Ltd, an FSA regulated investment business investing in emerging markets, and an investment adviser to Cardiff & Vale of Glamorgan Pension Fund. He is chief investment officer of Salisbury Partners and he is a member of the governing body of Kosovo Pensions Savings Trust. His non-executive directorships include Baring Emerging Europe plc, Magna Umbrella Fund plc and British Empire Securities and General Trust plc. Steven chairs the Company's Audit Committee.
Alexandra Jane Mackesy, aged 48, was appointed to the Board on 18 January 2010. She is a non-executive director of Henderson TR Pacific Investment Trust plc and The Scottish Oriental Smaller Companies Trust Plc. Since 2000, she has worked as a part-time consultant at Credit Suisse. Prior to this, she held posts in Hong Kong with Credit Suisse as director, head of Hong Kong and China Equity Research, JP Morgan as director, Asian Equity Research, and with SBC Warburg/SG Warburg as director, Hong Kong Equity Research.
William Weeks Vanderfelt, aged 67, appointed 2 August 1996, was a managing partner of Petercam SA, the largest independent member firm of the Brussels Stock Exchange until his retirement on 31 December 2001. He is also chairman of Vietnam Opportunity Fund and a director of USI Group Holdings AG and Apace Media PLC.