Appointment of new Director

RNS Number : 5132M

Momentum Multi-Asset Value Trust

24 May 2022

 

To:  RNS

From:  Momentum Multi-Asset Value Trust plc

LEI:  213800OQTUSRFDIL9L29

Date:  24 May 2022

Appointment of new Director

Momentum Multi-Asset Value Trust plc ("the Company"), which seeks to apply a value lens to identify the most compelling investment opportunities across a highly diversified range of asset classes, is pleased to announce the appointment of Jeroen Huysinga as a non-executive Director of the Company with effect from 1 June 2022.

Jeroen managed funds at JPMorgan Asset Management for 23 years up to 2020. He was formerly a managing director in JPMorgan's global equities team and was lead portfolio manager for JPMorgan Global Growth & Income plc for over 10 years. Prior to joining JPMorgan, Jeroen was a Japanese equities specialist at Lombard Odier and, previously, at British Steel Pension Fund.  He is a director of European Opportunities Trust plc, a trustee of a number of charitable foundations and has recently completed a master's degree in charity finance and administration at the Bayes Business School in London.

Jeroen holds 33,000 Ordinary shares of the Company.

There are no other details or disclosures required under LR 9.6.13R of the Financial Conduct Authority Listing Rules.

Richard Ramsay, Chairman, commented "We are delighted that Jeroen has agreed to join the Board, as part of our succession plans, and we look forward to benefitting from his extensive knowledge and experience."

Enquiries:

Juniper Partners Limited, Company Secretary	0131 378 0500
Steve Hunter, Momentum Global Investment Management Limited	0151 906 2481
	07470 478974
Gary Moglione, Momentum Global Investment Management Limited	0151 906 2461
	07469 852685
Sally Walton, SEC Newgate (media enquiries)	020 3757 6872
	07961 463864

About Momentum Multi-Asset Value Trust plc

Momentum Multi-Asset Value Trust plc ("MAVT" or the "Company") is a UK investment trust, listed on the London Stock Exchange with net assets of £57.7 million (as at 30 April 2022).

MAVT is managed by Momentum Global Investment Management which has a boutique culture and more than 20 years' experience in multi-asset and value investing. The Company's management team employs a "refined value" bottom up, deeply researched investment approach. Value investing is a process which is traditionally applied to equity investment. MAVT's manager seeks to refine and apply the value identification process across a highly diversified range of asset classes, including global equities, credit and specialist assets (such as property, infrastructure, financial investment vehicles, private equity and music royalties), and defensive assets (such as gold), seeking the most compelling investment opportunities wherever they can be found. Responsible investment considerations also form an integral part of the investment philosophy and ESG considerations are implemented throughout the investment process.

Over a typical investment cycle of between 5 and 10 years, MAVT seeks to achieve a total return of at least CPI plus 6% per annum after costs with low volatility and aims to increase the dividends paid to shareholders at least in line with inflation over the longer run.

 

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