Martin Currie Global Portfolio Trust appoints Chair
The Board of Martin Currie Global Portfolio Trust has appointed Gillian Watson as Chair in succession to Neil Gaskell.
Watson has been a non-executive director of the Trust since 1 April, 2013 and brings a wealth of experience to the role. She is currently Senior Managing Director at Noble & Co, the Edinburgh-based boutique corporate advisory firm and holds various non-executive director positions.
Gaskell served as Chair for nine years, during which the trust has grown to over GBP300 million in assets and delivered continued positive returns to shareholders. Under Gaskell’s chairmanship, the Trust became the first, and only, global trust to receive Morningstar’s maximum ‘Five Globes’ rating for sustainability. His tenure also saw the appointment of Zehrid Osmani as manager in 2018, the introduction of gearing in 2020 following strong performance and the removal of the performance fee in 2021.
The announcement is in line with the succession plan outlined in the Trust’s half-year financial report.
Watson says: “I am delighted to be taking on the role of Chair at such an exciting time in the Trust’s evolution. Neil hands over the Chairmanship with the Trust in excellent shape: a differentiated, high-quality global investment proposition with an industry-leading ESG framework.
"There is a real sense of momentum and excitement about the Trust’s trajectory and we look forward to the coming years. This is in no small part due to Neil’s expert guidance over the past nine years.”
Gaskell says: “I have enjoyed my time as Chair immensely and am proud of the progress made in recent years. The Trust has gone from strength to strength and, through continual improvement, we have built a world-class investment proposition that is increasingly recognised as a leader in many respects, not least ESG.
“I wish Gillian all the best in what I expect will be a hugely successful period for the Trust.”