A communications and branding veteran has joined the board of a Thailand-focused investment trust which has delivered bumper returns for investors.
Anne Gilding has been appointed as a non-executive director of the Aberdeen New Thai trust from today.
Over the last 25 years she overseen global communications, branding and marketing for a range of companies including Impax Asset Management Group plc, BMO, GAM, Vernalis Group and UBS. She is currently a senior adviser to Peregrine Communications.
The Aberdeen Standard Investments-managed trust also announced that Clare Dobie will retire as a director on 3 December 2019 after six years’ service.
Earlier this year Aberdeen New Thai was named as the only investment trust which would have been able to produce an ISA millionaire in the 20 years since the introduction of the tax-free savings accounts.
If an investor had placed each year’s maximum tax-free investment allowance from 1999 to 2018 - a total of £206,560 - in the trust, their ISA pot would now be worth £1,070,583.
Earlier this week it was revealed that the trust’s managers are looking to tap into a growing interest in home DIY in the South East Asian country to continue the fund’s stellar long term performance.
Latest companies it has backed include Siam Global House, a retail chain that sells home-related products for construction, repair, decoration and renovation.
