Ed has over 35 years' experience of investing in international equity markets and was a founding partner of Highclere in 2006. Ed is Portfolio Manager of our International Smaller Companies and International SMID Funds and is focused on consistent implementation of the philosophy and process across Highclere's investment strategies. His previous experience was built at Hambros Bank and Morgan Stanley in London, then at Wellington Management in Boston, where he set up and managed International Small and Mid Cap programs there from 1998 to 2005. In his spare time Ed enjoys woodworking and wildlife photography. Ed speaks Spanish and has strong family ties to Chile and Argentina.

Richard has 20 years of equity research and portfolio management experience. He joined Highclere in 2008 from Bear Stearns where he was a VP in European equity research to cover consumer sectors and, in 2013, added portfolio management responsibilities for our International SMID Fund. In 2018, Richard also took on the role of overseeing all aspects of our research process as Director of Research. Prior to joining Highclere, Richard gained experience in Financial Services at KPMG where he qualified as a Chartered Accountant in South Africa. Richard holds a BCom (Hons) degree from the University of Cape Town.

Elliott has 12 years of equity research experience. He first joined Highclere in 2018 from Ruffer Asset Management, where he was a Japan research analyst specializing in technology, media & telecom stocks, and left in March 2022 to pursue a role at Balyasny Asset Management as a Japan specialist. Elliott re-joined Highclere in September 2023 to resume his fundamental research role. Elliott graduated from Cambridge University with a BA (Hons) degree in Geography and speaks conversational Japanese.

William has 13 years of equity research experience. He became a Portfolio Manager of the International Smaller Companies Fund in 2024 following 6 years as Assistant Portfolio Manager from 2018. He joined Highclere in 2014 from Neptune Investment Management, where he was a Global Technology Analyst and Assistant Fund Manager. Prior to joining Highclere, William also worked at Cairneagle Associates, a boutique Strategy Consulting firm. He graduated from Cambridge University with a Masters in Aerospace & Aerothermal Engineering (first class).

Will has 15 years of equity research experience and joined Highclere in September 2016. Previously, Will worked for Fidelity International in London, covering European health care stocks. Prior to this he was at T. Rowe Price International in London as a Fund Manager's Assistant and Equity Research Associate. Will holds a BA (Hons) degree in Economics from Durham University.

Jan has 13 years of equity research experience. He joined Highclere in 2016 from Fidelity International where he covered the construction and transport infrastructure sectors. Jan holds a first class (Hons) degree in Accounting & Finance from the University of Manchester and is fluent in French, German and Luxembourgish.

Will has 8 years of equity research experience and joined Highclere in March 2023. Previously, Will spent a year at Velanne Asset Management working on the global equity team. Prior to this, he spent five years at Orbis Investment Management as a European generalist. Will holds a BA (Hons) in Chinese from Cambridge University and an MSc in Management from UCL. Will speaks Mandarin and conversational Japanese.

Harry has 11 years of experience in portfolio analytics. He joined Highclere in November 2016. Previously, Harry worked in the Private Wealth arm of James Hambro & Partners. He holds a BA in Economics & Philosophy from the University of Leeds.