Rupert Macpherson

Clear Capital Ltd. is an equity research firm founded by Nick Paulson-Ellis in 2003, based in London and Edinburgh with an office in Mumbai. Previously independent, Clear Capital was acquired mid 2008 by the independent UK investment bank Noble Group Ltd. Clear Capital operates since as part of Noble Group's research department. They use Noble Group as their trade name. In addition to fellow subsidiaries within the Noble group, their clientele comprises over 50 institutional investors. Clear Capital is a provider of fundamental equity research. Their core specialty is the UK small and mid-cap market (GBP 100 million to 1.5 billion), complemented by Indian mid-cap equity coverage. They also cover alternative research, including pre-IPO. They are organized in sector teams and focus on sectors such as climate change, healthcare, leisure, media, retail, specialist financials, general insurance, support services and technology.

Part of Haitong Securities Co., Ltd., Espírito Santo Investment Holding Ltd. provides financial services.

Haitong & Co. (UK) Ltd. provides investment banking services. It offers client coverage, project finance and securitisation, private finance, capital markets and private banking services. The company was founded in 2001 and is headquartered in London, the United Kingdom.

Execution Noble Research Ltd. (Execution Noble Research) is the Great Britain-based research subsidiary of Banco Espirito Santo Investimento SA, ultimately owned by by Banco Espirito Santo SA (XL: BES) in Portugal. Established as Clear Capital Ltd. by Nick Paulson-Ellis in 2003, the firm was subsequently acquired by Execution Noble, which itself was acquired by Banco Espirito Santo de Investimento SA in 2010. Execution Noble Research is headquartered in London and Lisbon, with additional offices in Madrid, Edinburgh, Dublin, Paris, Warsaw, New York, Mexico City, Sao Paulo, Luanda, Mumbai and Hong Kong The firm aims to produce fundamental, objective ideas, informed by primary data.

Hampden & Co. Plc is a British private banking company that offers exceptional service, expertise, and advice to personal and professional clients. The company is based in Edinburgh, UK and provides banking expertise to clients across the region. In addition to banking services, Hampden & Co. also offers bespoke insurance solutions through Hiscox Private Client and works with clients' other professional advisers to provide appropriate tax advice for their property investments. Founded by David Nabarro, the company has been led by CEO Graeme Thomas Hartop since 2013.

JPMorgan Elect Managed Growth operates as a closed-end investment fund/investment trust. It aims for long-term capital growth from an internationally diversified portfolio invested in investment trusts and open ended funds. The company was founded on September 16, 1999 and is headquartered in London, the United Kingdom.

JPMorgan Elect Managed Cash operates as a closed-end investment trust. Its investment objective is to achieve a return in excess of sterling money markets by investing in JPMorgan Funds–Sterling Managed Reserves Fund. The firm allows the preservation of capital with a yield based on short term interest rates by investing in a range of Sterling liquidity funds. It is designed to look after cash during a temporary move out of the markets from JPMorgan Elect Managed Growth and JPMorgan Elect Managed Income. The company is headquartered in London, the United Kingdom.

JPMorgan Elect Managed Income operates as a closed-end investment fund/investment trust. Its investment objective is to growth of income with potential for long term capital growth by investing in equities, investment trusts and fixed income securities. The firm also allows investors to tailor their stock market investments to their changing circumstances. It invests in financials, telecommunications, health care and oil & gas sectors. The company was founded in 2000 and is headquartered in London, the United Kingdom.

Haitong International (UK) Co. Ltd. operates as an investment holding company. The company was founded on February 1, 2010 and is headquartered in London, the United Kingdom.

Noble Financial Holdings Ltd. functions as an investment holding British company. The private company is based in Edinburgh, UK.

Haitong Securities (UK) Ltd. (Haitong Securities UK) is the Great Britain-based brokerage subsidiary of Espirito Santo Investment Holding Ltd., ultimately held by Haitong Securities Co., Ltd. (SH: 600837, ADR: HAITY) in China. Formerly known as Execution Noble Ltd., the firm was established in 2001. They were acquired by Banco Espirito Santo de Investimento SA in 2010 and changed their name to Haitong Securities (UK) Ltd. in 2015. Headquartered in London, Haitong Securities provides access to an international production and distribution platform of equities, derivatives, fixed-income and research for corporate and institutional investors.