Our Team

Our Team 2017-10-17T10:41:24+00:00

Advisory board

The Investment Manager has established an Advisory Board to provide it with expert advice and recommendations in relation to portfolio and investment strategy, evaluation of investment opportunities and potential disposals, fund administration and other commercial matters for the Fund.

JOHN HOLLAND<em>BA (Hons) (Oxford)</em>
JOHN HOLLANDBA (Hons) (Oxford)Chairman
John commenced his career in 1985 at SG Warburg & Co (now UBS AG) as an Asian equities specialist, where he led UBS’ early expansion into Korea, Taiwan, Thailand and India, before rising to become Global Head of Asian Equities at UBS. During John’s tenure as Global Head of Asian Equities, UBS achieved the number one ranking for primary Asian equities distribution and held number one non-local market share positions in all key Asian equity markets, including Hong Kong, Korea and Taiwan. John was also instrumental in UBS’ successful drive to become the first foreign investor into and foreign distributor of China A-shares.

John left UBS after 24 years of continuous service in 2009, having latterly served as Joint Head of European Prime Broking and COO of Global Cash equities. He was for many years Managing Director and a member of UBS Investment Bank’s Board. In addition to his notable achievements at UBS, John has had substantial regulatory experience, including as a member of the European Securities Markets Expert Group advising the European Commission, where he was Rapporteur (Chair) for the Subcommittees on Non-Equities Market Transparency and Credit Rating Agencies. John has also worked closely over many years with the central bank and regulatory authorities of many Asian countries, such as Korea, Taiwan, India and China, particularly in relation to the opening of their markets to foreign portfolio investment.

John currently holds a range of complementary non-executive roles: he chairs the Advisory Board of ASX-listed Emerging Markets Masters Fund (ASX: EMF), he also chairs the Boards of Asian Masters Fund Limited, KCG Europe Limited (the European arm of NYSE-listed KCG Holdings) and Open Door Capital Management (a Greater China Asset Management Company). Finally, John is non-executive Director of a UK and African payments business, sQuidcard Limited, in which he was a founder investor from 2006 onwards.

John holds a Bachelor of Arts with honours from Oriel College Oxford University, majoring in Philosophy, Politics and Economics.

John has been a member of the Advisory Board since inception, and was appointed Chairman of the Advisory Board in February 2015. He holds no shares in the capital of the Fund.

DAVID THOMAS
DAVID THOMASBRIC Expert
David Thomas is a BRIC expert, speaker, entrepreneur and thought leader and is well known in the Asia Pacific region for his experience, credibility and passion for identifying, building and facilitating business and investment relationships between developed and emerging countries. His unique experience and powerful networks have accumulated over a 30-year career in London, Hong Kong and Sydney.

For eight years he managed his own financial services business in Hong Kong. This provided unique insights and first-hand experience of the changing landscape within the Asia Pacific region, particularly the opening up of China, the rise of Japan and the Asian tigers and the emergence of India.

More recently, David’s influence and activities have extended to Latin America and Eastern Europe, driven by his interest in, and passion for, the economic potential and growing influence of the four BRIC countries. David’s experience includes engaging with companies, investors and businesses in the rapidly growing BRIC countries, and he has addressed audiences of all sizes on investing and doing business with China and the other BRIC countries. He is a President of the Australia China Small to Medium Enterprises (SME) Association, and in 2009, he was awarded the prestigious Australian Thought Leaders “Expert of the Year”.

JUNE AITKEN<em>BA (Hons) (Oxford)</em>
JUNE AITKENBA (Hons) (Oxford)
June has over 30 years’ experience in emerging markets. She was a founding partner and investor of Osmosis Investment Management LLP, a company established in 2009, that uses quantitative methodology which utilises environmental information to identify resource efficient companies.

Prior to this, June held numerous senior roles at HSBC Bank plc, London, where she was Global Head of Emerging Market Equity Distribution from 2004 to 2006 and Head of Strategy Management for two years after that. June previously worked at UBS AG, where she was Managing Director, Head of Global Equity Production, Global Head of Asian Equities and a director of Asian Equity Sales for 12 years. She also has experience at various London-based Asian equity sales firms, gaining early experience at Montagu Loebl Stanley and Partners, Wi Carr Securities and County Natwest Securities between 1983 and 1991.

June is currently a director of ASX-listed Asian Masters Fund Limited (ASX: AUF) and is a partner in a private consultancy business advising asset managers. She was also previously on the board of HSBC Bank Japan, Aquarius Fund, an Asian fixed income fund, Erudine Holdings Ltd, a financial software consultancy firm, and the Shepherds Bush Housing Group.

June holds a Bachelor of Arts (with honours) from Oxford University, majoring in Philosophy, Politics and Economics.

The investment manager

The Investment Manager is responsible for the overall management of the Fund including making investment recommendations to the Advisory Board, as well as ongoing monitoring of the portfolio, with the aim of increasing Unitholder wealth through the performance of the fund.

RENATA MURANAKA
RENATA MURANAKAAssistant Portfolio Manager
Renata works alongside senior Walsh & Company team members in managing the investment process for the portfolios of the Asian Masters Fund and Emerging Markets Masters Fund. This includes coordinating Walsh & Company’s proprietary country allocation models, identifying, researching and selecting appropriate funds for investment, and monitoring existing investments.

She has worked solidly to build on her knowledge and experience in finance including portfolio management, investment advisory, financial planning and venture capital.

One of her past positions saw her working in Brazil to manage the assets of one of the country’s wealthiest families.

Renata holds a Master of Commerce degree from Griffith University and a Bachelor of Business Administration.

The responsible entity

The Responsible Entity is responsible for the overall management of the Fund including the determination of its strategic direction with the aim of increasing Unitholder wealth through the performance of the Fund.

Details of the directors of the Responsible Entity are set out below:

ALEX MACLACHLAN<em>BA (Cornell), MBA (Wharton)</em>
ALEX MACLACHLANBA (Cornell), MBA (Wharton)
Alex is the Chairman of the responsible entity of Emerging Markets Masters Fund, Fort Street Real Estate Capital Fund I, II & III, US Masters Residential Property Fund, New Energy Solar Fund, Evans & Partners Global Disruption Fund and US Select Private Opportunities Fund I, II & III. Alex also serves as a director of the Australian Masters Yield Fund Series and New Energy Solar Limited.

Before joining Walsh & Co, Alex was an investment banker specialising in the natural resources sector, most recently serving as Head of Energy, Australasia, for UBS AG in Sydney and prior to that as an investment banker at Credit Suisse First Boston. During his career as an investment banker, Alex advised many of Australia’s and the world’s leading natural resources companies, working with over 30 companies on more than $100 billion in announced mergers and acquisitions and capital markets transactions. Before specialising in natural resources investment banking, Alex worked in the Japanese Government Bond derivatives markets in London, New York and Sydney.

Alex has a Bachelor of Arts from Cornell University and a Master of Business Administration from The Wharton School, University of Pennsylvania.

TRISTAN O'CONNELL<em>BCom (ANU), CPA</em>
TRISTAN O'CONNELLBCom (ANU), CPA
Tristan O’Connell joined Dixon Advisory in 2005 after 10 years’ experience in corporate financial and management roles within the wholesale financial markets industry. Tristan is currently a director of the responsible entity for US Select Private Opportunities Fund I, II & III, Emerging Markets Masters Fund, Fort Street Real Estate Capital Fund I, II & III, New Energy Solar Fund, Evans & Partners Global Disruption Fund and US Masters Residential Property Fund.

Among Tristan’s previous roles were Financial Controller of Tullett Prebon in Australia, one of the world’s leading inter-dealer broker firms, specialising in over-the-counter interest rate, foreign exchange, energy and credit derivatives. He subsequently held senior finance roles for the Tullett Prebon Fund in Singapore and London and returned to Australia to be responsible for the financial management and growth of Dixon Advisory.

Tristan has a Bachelor of Commerce from the Australian National University, is a member of CPA Australia and is a Fellow of the Financial Services Institute of Australasia.

WARWICK KENEALLY
WARWICK KENEALLY
Warwick is currently a Director of the Responsible Entity for US Select Private Opportunities Fund I, II & III, Emerging Markets Masters Fund, Fort Street Real Estate Capital Fund I, II & III, Evans & Partners Global Disruption Fund, US Masters Residential Property Fund and New Energy Solar Fund. Warwick is also a Director of Australian Masters Yield Fund No 4 Limited and Australian Masters Yield Fund No 5 Limited.

Warwick is Head of Finance at Walsh & Company. Before joining Walsh & Company, Warwick worked in chartered accounting firms specialising in turnaround and restructuring. Warwick started his career with KPMG, working in their Canberra, Sydney and London offices – and has undertaken a range of complex restructuring and insolvency engagements across Europe, UK and Australia, for a range of Australian, UK, European and USA banks.

Warwick has worked with companies and lenders to develop and implement strategic business options, provide advice in relation to continuous disclosure requirements, develop cash forecasting training for national firms, and lectured on cash management. Among his former roles, Warwick worked on the initial stages of the HIH insolvency – as part of the key management group tasked with the wind-down of the global estate.

Warwick has a Bachelor of Economics and Bachelor of Commerce from Australian National University and is a Chartered Accountant.