This information is provided for information only and must not be considered as investment advice. You should seek professional investment advice before making any investment decision.

Corporate Governance

Corporate governance is a framework of principles, policies, procedures, and clearly defined responsibilities and accountabilities.

We aim to reach the highest standards of corporate governance that are appropriate to our risk appetite, strategic objectives and company values, taking into account the size and complexity of our firm.

We recognise our obligation to investors, regulators, shareholders and other stakeholders in providing services that are appropriate, well managed and meet or exceed minimum standards set out in law or regulations.

At the centre of this framework is our Board of Directors, which mixes executive management with independent non-executive management.

Executive Committee

The executive function conducts the day to day business, reporting through executive committees to the Board of Directors. The executives are responsible for achieving the strategic goals of the Firm, whilst promoting our company values.

Toby Ricketts, CEO

Toby joined the family business in 1994 and has been lead manager of the Funds since 2001.  Toby was appointed to the Board in 2001 and promoted to CEO in 2011, part of a long term succession plan, providing the same long term focus, planning and stability as his father.

As CEO, Toby is responsible for the conduct of the whole of the business and leadership of the executive team.   

Toby's primary responsibility is to head up the investment management function alongside setting the strategic goals and objectives of the Firm.

Matthew Jealous CFA, COO

Matthew joined us in 2002 after graduating with a degree in Economics and is a CFA Charter holder.  Matthew was appointed to the Board in 2011.

 

Matthew's primary responsibilities are for the company resources, Operations and the Investment Risk framework of the firm. 

 

Matthew is an experienced fund manager, having worked as lead manager to several funds and holding the position of Chief Investment Officer until 2018.

 

As well as being a member of The Company's main Board, Matt is Chair of the Investment Risk Committee and a member of the Exec Committee and Risk Committee.

Ade Ogunnowo, FCCA, CFO

Ade joined Margetts from WAY Funds Manger Limited in February 2022 as Chief Finance Officer. He has over 20 years’ experience working in corporate finance and financial reporting roles mainly within the financial services industry across Nigeria, Ireland and the UK.

Ade is primarily responsible for managing the Company's Finances, including Financial Planning, Management of Financial Risks and Capital Adequacy (ICARA) of the firm. He is also responsible for managing the Agency Finances and CASS Compliance of the firm.

He holds a Master’s degree in Economics from University College Dublin, Ireland and also a Chartered Accountant.

James Farquharson, Head of Operations

James began his career at Margetts in 2008 where he was initially involved in the fund research team. Having gained experience of the investments James helped establish the operations department.

As Head of Operations James' main responsibilities involve planning and managing the general operations of the business, including IT infrastructure, information security, operational resilience, system development and data management.

In addition to being a member of the Executive Committee, James is chair of the Operational Risk Committee and is a member of the Firm's main Risk Committee.

 

John Kalinski, Head of Investment Operations

John joined Margetts in 2010 as part of the NAV Construction and Fund Accounting team. After building several years’ experience in these functions John joined the Operations team as a Senior Analyst to focus on improving processes and controls before specialising in Investment Operations.

As Head of Investment Operations John’s main responsibilities relate to the operational aspects of the funds and the underlying assets which include the management and oversight of NAV Construction, Investment Risk, and new product launches or changes.

In addition to being a member of the Executive Committee, John is a member of the Investment Risk Committee and Product Governance Committee.

James Oddy, Head of Transfer Agency

James joined us in 2021 after building his experience over the last 9 years in London with Franklin Templeton and most recently, Vanguard. Over these years, he has built his experience in in-house transfer agency roles, and looking after outsourced vendors and the governance and oversight required in this area.

James' primary responsibility at Margetts is to manage and oversee our Transfer Agency functions of the ACD.

In addition to being a member of the Executive Committee, James chairs the Product Governance Committee.

Rosalind Dixon-Burnett, Head of Audit & Compliance, Counsel

Roz joined Margetts in January 2020 as Head of Compliance. She has over 20 years’ experience working in compliance, risk, and audit roles within regulated financial services firms, and holds a number of relevant professional qualifications across these disciplines.

Roz’s primary responsibilities are management and oversight of the Audit & Compliance function, including the delivery of the Compliance and Internal Audit Plans, oversight of Financial Crime risk and ensuring that the firm takes proactive steps in meeting the latest and forthcoming regulatory requirements.

Roz holds the SMF16 Compliance Oversight function and the SMF17 Money Laundering Reporting Officer function. 

Non-Executive Function

Non-executive directors are custodians of the governance process.  They provide support and challenge when required to ensure that the corporate governance framework is effective and transparent. It is important for them to be independently minded, knowledgeable and provide a balance to executive directors on the Board.  As an investment management company, the independent non executive directors have a clear responsibility to ensure that investors are treated fairly and are at the centre of operations.

Jane Vessey, CFA, Chair (Independent Non-Executive Director)

Jane joined us in 2015 following a long career in the investment management industry in the UK and Asia, as both a fund manager and setting up and running an investment management operation.

Jane is a Mathematics graduate of the University of Oxford, is a CFA charter holder and serves as a non-executive director at another large asset management company. Jane also has a wide experience of serving as a non-executive director in the voluntary sector, including as Risk and Audit Committee Chair.

As Chair, Jane has responsibility for assessing the value delivered to investors, independent director representation, board composition and for ensuring that we act in the best interest of investors.

Nicholas Volpe, Independent Non-Executive Director

Nicholas was appointed to our board in 2021, with 20 years of global experience dedicated to Regulatory Change, Operational Risk and Compliance. 

Nicholas has his own consultancy focussing on regulatory change, business transformation, operational risk and technology strategy, having previously operated as Chief Operating Officer for a division of one of the world's largest sovereign wealth funds.