Seneca Global Income & Growth Trust Plc - Investment Management Team Update
Seneca Global Income & Growth Trust plc
Investment Management Team Update
The Board of Seneca Global Income & Growth Trust plc ('SIGT') notes that Peter Elston has resigned from the Investment Manager, Seneca Investment Mangers Ltd ('SIML'), for personal reasons and will leave at the end of the year.
The Board is grateful to Peter for his contribution over the last five years and wishes him well for the future. SIML operates a team approach to the management of SIGT with Peter and Gary Moglione providing portfolio oversight. The Board is assured and very comfortable that this team approach will continue under Gary's oversight and the well-established, disciplined and distinctive investment philosophy and process will continue in the same fashion.