REG - CT Global Mgd - CMPI - Portfolio Manager Succession

CT Global Managed Portfolio TrustAnnouncement

03/04/2025 07:00

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RNS Number : 4225D  CT Global Managed Portfolio - CMPI  03 April 2025

To:                   RNS

Date:               3 April 2025

Company:       CT Global Managed Portfolio Trust PLC (the "Company")

LEI:                 213800ZA6TW45NM9YY31

 

 

Portfolio manager succession

 

Peter Hewitt has been responsible for the management of the Company's Income
and Growth portfolios (the "portfolios") since their inception in April 2008
and has managed them with great knowledge, dedication, and enthusiasm. He has
also communicated the Company's progress to shareholders regularly,
engagingly, and openly.  Change, in the shape of Peter's retirement, has been
inevitable and he has given notice of his desire to retire. Naturally the
Board and Columbia Threadneedle Investments (the "Investment Manager") have
been planning for this for some time, while acknowledging that managing
Peter's succession would be no easy task.

 

There have been many changes to the industry and, indeed, at the Investment
Manager over the past 17 years.  One of the more recent of these relate to
its strategic decision to integrate its various multi-asset and asset
allocation capabilities into a single EMEA Multi-Asset Solutions team, which
is headed up by Paul Niven (fund manager for F&C Investment Trust PLC).
This change provides the Company with the opportunity to draw on the team's
substantial experience.

 

From 1 June 2025, the beginning of the Company's next financial year, the
portfolios will be managed by London-based managers Adam Norris and Paul
Green, supported by Peter Hewitt until his retirement from the Investment
Manager at the end of October 2025 and the broader EMEA Multi-Asset Solutions
team (of which they are members). Adam and Paul have a combined 35 years of
investment experience and currently manage a number of income and global
growth multi-asset, multi-manager portfolios with assets totalling circa
£1bn.  While the new portfolio managers have some different perspectives on
how the portfolios should be positioned, the Company will continue to invest
in a broad spread of investment companies, covering a variety of geographies,
sectors and investment managers.

 

Chair of the Company, David Warnock, said: "The Board thanks Peter for his
years of service to shareholders and wishes him a long and happy retirement
when the time comes and looks forward to working with Adam and Paul on the
evolution of the portfolios in the best interests of all shareholders."

 

 

For further information please contact:

 

David Warnock, Chair            of Company
        Contact via Quill PR

Simon Longfellow, Chair of Marketing Committee
Contact via Quill PR

 

Sarah Gibbons-Cook, Quill
PR
07702 412 680

 

Campbell Hood, Head of External Communications,

Columbia Threadneedle
Investments
07860 911 622

 

Notes on the Company's prospective portfolio managers

 

Adam Norris is an investment manager in Columbia Threadneedle's EMEA
Multi-Asset Solutions team, led by Paul Niven. Adam joined Columbia
Threadneedle through the acquisition of BMO GAM (EMEA) in 2021, having joined
the firm in 2013 when it was known as F&C Investments. Adam joined the
Multi-Manager team in February 2016.

Adam graduated with a BA in Economics and Politics from University of
Leicester. He is a CFA Charterholder and has attained the CFA Institute ESG
Certificate as well as the Investment Management Certificate.

 

Paul Green is an investment manager in Columbia Threadneedle's EMEA
Multi-Asset Solutions team, led by Paul Niven. Paul joined Columbia
Threadneedle through the acquisition of BMO GAM (EMEA) in 2021, having joined
the firm's Multi-Manager team in 2007. Prior to this, Paul worked at Credit
Suisse Asset Management from 2001 to 2007 having been with Rothschild Asset
Management before this. Paul holds the Investment Administration Qualification
(IAQ), the Investment Management Certificate, the CISI Level 6 Certificate in
Private Client Investment Advice and Management as well as the CISI Diploma.

 

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