Rachel joined the Board on 10 October 2024 following the Company’s combination with Witan Investment Trust PLC. She was formerly a Non-Executive Director of Witan.
Rachel was Managing Director and Co-head of pan-European banks equity research and sales at Deutsche Bank. She was Chair of the Association of Investment Companies, Securities Trust of Scotland PLC and Parkinson’s UK Investment Committee. She was also a Non-Executive Director of the asset manager, Gresham House plc and the workplace pensions provider, Cushon Group Limited.
Other Appointments
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The Mercantile Investment Trust plc | Senior Independent Director and Chair Designate
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Non-Executive Director

Rachel is an experienced non-executive director of investment trusts. Not only was she Chair
of the Association of Investment Companies from 2018 to 2021, she’s also worked across
industries, from asset management to charity and social housing sectors.

Rachel Beagles

Non-Executive Director