Brown Advisory US Smaller Cos. PLC Stephen White appointed Chairman of BASC Board (8784P)
22 Octubre 2021 - 1:00AM
UK Regulatory
TIDMBASC
RNS Number : 8784P
Brown Advisory US Smaller Cos. PLC
22 October 2021
Brown Advisory US Smaller Companies PLC
Stephen White appointed Chairman of BASC Board
22 October 2021
The Board of Directors of Brown Advisory US Smaller Companies
PLC (BASC) is pleased to announce that Stephen White has now taken
over as Chairman of the investment trust. Stephen, who joined the
Board on 1(st) October 2020 as Chairman Designate, takes over from
Gordon Grender, who steps down after 23 years as Chairman and 28
years as a director.
Stephen qualified as a Chartered Accountant at PwC before
starting a career in investment management. He has more than 35
years' investment experience, most notably as head of European
equities at F&C Asset Management, where he was manager of
F&C Eurotrust plc and deputy manager of the F&C Investment
Trust plc, and as head of European and US equities at British Steel
Pension Fund. He has extensive and highly relevant experience of
investment trusts and overseas investing. He is currently a
non-executive director and chairman of the audit committees of
BlackRock Frontiers Investment Trust plc and Aberdeen New India
Investment Trust plc and a non-executive director of JPMorgan
European Discovery Trust plc, as well as Polar Capital Technology
Trust plc.
Stephen White, Chairman of BASC, said: "I am very much looking
forward to my tenure as Chairman. I take over at a positive time
for US small companies, and with Brown Advisory having made a good
start in its role as manager of the investment trust. On behalf of
the whole Board, I would like to thank Gordon for his extraordinary
commitment to the trust, as we wish him very well for the
future."
BASC Legal Entity Identifier: 549300HKKL9K1NY4TW55
Enquiries:
FundRock Partners Limited, Company ukfundscosec@apexfs.com
Secretary +44 203 994 7129
Limor Gonen
TB Cardew, Financial PR to BASC brownadvisory@tbcardew.com
Tom Allison 07789 998020
Tania Wild 07425 536903
Max Gibson 07435 791368
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About BASC
Brown Advisory US Smaller Companies PLC is an investment company
listed on the London Stock Exchange (LSE: BASC). It has been
managed by Brown Advisory since 1(st) April 2021, and the Company's
objective is to achieve long-term capital growth by investing in a
diversified portfolio primarily of quoted US smaller and
medium-sized companies. Following Brown Advisory's appointment as
manager at the beginning of April 2021, the Company's NAV has
outperformed its benchmark, predominantly as a result of positive
stock selection.
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