Closing on Nov. 3: Investor Calendar + Company Spotlight

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Fidelity China Special Situations Plc

Fidelity China Special Situations Plc

Sector: Unit Investment Trusts, Face-Amount Certificate Offices, and Closed-End Management Investment Offices Region: United Kingdom

: | London Stock Exchange: FCSS

Fidelity China Special Situations PLC is a Closed-End Investment Fund/Investment Trust. The Portfolio Manager, Dale Nicholls, invests in the growing Chinese economy and the portfolio is weighted towards internal consumption with a focus on small and mid-cap companies.


Nicholas Bull FCA, Chairman
(date of appointment: 4 February 2010). Mr Bull is the senior independent director of Coats Group plc and a Senior Adviser to City stockbroker Westhouse Securities. He is also a Member of Council of the University of Exeter, a trustee of the Design Museum and deputy chairman of the trustees of the Conran Foundation. From 2010 he was an independent director, then chairman, of hotels group De Vere until the completion of its asset disposal programme in 2015. Previously Mr Bull worked for 30 years as a corporate finance practitioner with Morgan Grenfell (subsequently Deutsche Bank), Société Générale and ABN AMRO in London, Sydney, Singapore and Hong Kong. He is a qualified chartered accountant.
David Causer FCA, Chairman of the Audit Committee
(date of appointment: 4 February 2010). Mr Causer is a non-executive director and audit committee chairman of Schroder Income Growth Fund plc, an investment company listed on the London Stock Exchange. He is a qualified chartered accountant and a member of the Securities Institute. Mr Causer has held a number of senior positions within financial services organisations, including as finance director of Mercury Asset Management Group plc and as a managing director of Merrill Lynch Investment Managers until 2001. He was finance director of The British Red Cross Society until December 2007. He is a trustee of a number of charities and a public member of Network Rail.
The Hon. Peter Pleydell-Bouverie DL, Chairman of the Investment Committee
(date of appointment: 4 February 2010). Mr Pleydell- Bouverie is an investment professional with over 30 years of investment experience, particularly in the Far East and emerging markets. His current non-executive positions include acting as CIO and trustee on investment committees for family and charitable trusts. He is also a Deputy Lieutenant of the County of Wiltshire. Previously, Mr Pleydell- Bouverie spent ten years with FIL where he was investment director until 1996, managing Japanese-focused unit trusts, offshore funds, pension funds and the Fidelity Emerging Markets Fund. Prior to this, he was an associate director at Kleinwort Grieveson Investment Management and fund manager at Grieveson, Grant and Co, where he also managed Asia-focused investment funds.
Elisabeth Scott, Senior Independent Director and Chair of the Nomination and Remuneration Committee
(Date of appointment: 1 November 2011). Ms Scott worked in the asset management industry in Hong Kong from 1992 to 2008, where she was managing director and country head of Schroder Investment Management (Hong Kong) Limited and chair of the Hong Kong Investment Funds Association. Ms Scott is a non-executive director of Pacific Horizon Investment Trust PLC and also Dunedin Income Growth Investment Trust PLC and Allianz Technology Trust PLC.
Vera Hong Wei, Director
(date of appointment 24 March 2016) is a Chinese national with 18 years’ experience in the Chinese financial industry which spans the central bank, commercial bank and asset management sectors. Her previous roles include Managing Director of Greenwoods Asset Management, Vice General Manager of Ping An Annuity in Shanghai, Head of Corporate Banking at Shenzhen Development Bank and director of the People’s Bank of China. She is currently the Chief Executive of the Sloan Culture and Education Exchange Ltd, which brings Chinese students and executives to study and undertake exchange programmes in UK schools and higher education institutions. She divides her time between China and the UK.

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