Zehrid Osmani appointed as joint Portfolio Manager

20 June 2018

The Board of Martin Currie Global Portfolio Trust plc is pleased to announce the appointment of Zehrid Osmani as joint manager of the Company, alongside Tom Walker, as part of a considered succession plan. Zehrid joined Martin Currie last month to lead its Global Long-Term Unconstrained (GLTU) team, which will complement his additional role as joint Portfolio Manager of Martin Currie Global Portfolio Trust.

Zehrid’s co-management responsibilities take effect on 30 June 2018   

Zehrid will work alongside long-standing manager Tom Walker, who has been the Portfolio Manager since 2000, one of the longest tenures in the investment trust industry.  Over that period, Walker has generated a track record of consistent outperformance for shareholders.

Zehrid’s recent appointment strengthened Martin Currie’s global equity team that manages a range of highly differentiated investment strategies for clients around the world, including Martin Currie Global Portfolio Trust.  The team consists of seven specialists that are supported by a further 46 regional investment professionals. 

With over 20 years' experience, Zehrid brings a depth of knowledge and relevant skills to the role. He joined Martin Currie from BlackRock where, during his ten years, he played a key part in building their successful European equity franchise. He held a number of senior roles at the company, including Head of European Research, with responsibility for a 23-strong team of analysts. In this role, he developed and implemented a fundamental research platform, demonstrating his strong understanding of equity research. Zehrid also managed a number of equity funds at BlackRock, with a specific focus on managing the team's unconstrained, high conviction, long term portfolios, driven by fundamental research.

Neil Gaskell, Chairman of Global Portfolio Trust, commented:
“I am delighted to welcome Zehrid to the portfolio management team and am pleased that he will have the opportunity to work with Tom as part of a considered succession plan laid out by Martin Currie.”

“Zehrid’s experience in high conviction portfolio construction and track record of managing concentrated equity portfolios makes him a perfect fit as co-manager. I look forward to working together and believe he will make a huge contribution to the Company.

Zehrid Osmani, commented:
“I am excited to join Tom as co-manager of Martin Currie Global Portfolio Trust and look forward to working together to identify the world’s best growth opportunities. 

“The Trust has earned a strong reputation for delivering consistent long-term performance combined with a number of characteristics that help to reduce volatility and I am committed to enhancing these attributes.

Tom Walker, commented:
“I look forward to working in partnership with Zehrid as co-manager and introducing him to our shareholders over the coming months.  Martin Currie Global Portfolio Trust has developed a niche in the Global sector and I look forward to shareholders benefitting from his insight and expertise.” 

Important information

This information is issued and approved by Martin Currie Investment Management Limited (‘MCIM’). It does not constitute investment advice. The information provided should not be considered a recommendation to purchase or sell any particular security. It should not be assumed that any of the securities discussed were, or will prove to be, profitable.