CEF Directors Add to Asian Holdings

CEF DIRECTOR MOVES: CEF director activity was quiet last week, but some added to their Japanese and Asian CEF holdings on market weakness

Jackie Beard, FCSI, 21 March, 2011 | 10:36AM
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Director Changes: March 14-18
Mrs Jennifer Wick has resigned from the board of Aberdeen Private Equity (APEF) (formerly Bramdeam Alternatives). She spent just 15 months as a non-executive director of the company, having joined the board after Aberdeen’s acquisition of Bramdean.

Howard Myles has been appointed to the board of Small Companies Dividend (SDV) as a non-executive director. He is also chairman of two trusts and a non-executive director at two further trusts. Four of these appointments have been made in the last two years.

Director Buying
Aberforth Geared Income (AGIT) – Graham Menzies
Alliance Trust (ATST) – Katherine Garrett-Cox
Alpha Pyrenees Trust (ALPH) – Paul Cable
Atlantis Japan Growth (AJG) – Noel Lamb
Avanti Capital (AVA) – Richard Kleiner
Baillie Gifford Shin Nippon (BGS) – Simon Somerville
Biotech Growth (BIOG) – Sven Borho
BlackRock Greater Europe (BRGE) – Gerald Holtham
British Assets (BSET) – Lynn Ruddick
EP Global Opps (EPG) – Ian McBean
Henderson Diversified Income (HDIV) – Helen Green
Henderson TR Pacific (HPI) – Christopher Keljik
JPMorgan Overseas (JMO) – Nigel Wightman
Impax Asian Environmental Markets (IAEM) – Richard Franklin
Northern AIM VCT (NNA) – Alastair Conn
Scottish American (SCAM) – Rachel Lomax
Securities Trust of Scotland (STS) – Neil Donaldson
Standard Life UK Smaller Companies (SLS) – Lynn Ruddick
Throgmorton Trust (THRG) – Simon Beart
Witan (WTAN) – Andrew Bell

Director Selling
BlackRock Latin America (BRLA) – Desmond O’Connor

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