New Shareholder for Castle Point Funds

UNDER EMBARGO: 12:00am - 9 FEBRUARY, 2015

New Shareholder for Castle Point Funds

Castle Point is very pleased to announce that Dominic Johnson, co-founder of Somerset Capital Management LLP in London, has become a shareholder. Somerset Capital Management LLP is a global emerging markets specialist with USD$6 billion in assets under management.

Dominic Johnson said, “I am delighted to have been given this opportunity to invest personally in Castle Point. I have known the team for many years and believe that they represent an excellent example of thoughtful, long term, stock picking in an ever frenetic and short term world. I see the New Zealand savings market as a very promising land of opportunity. This makes it an exceptional environment for Castle Point to offer their clients value added, specialist products, such as their flagship Ranger Fund.”

Richard Stubbs, partner at Castle Point, commented “We are delighted to have Dominic as a shareholder in Castle Point. It is fantastic to have the unequivocal endorsement of such a successful and experienced international investor.”

Dominic has invested in a variety of boutique asset management firms, believing that smaller, focused, capacity constrained firms offer the best solution to investors, in terms of active management and long term performance.

Further information on Dominic is available on his websitewww.dominic-johnson.com

To avoid any confusion it should be noted that Dominic’s personal investment vehicle, AMP Ventures Limited, that owns shares in Castle Point has no connection with AMP, the Australasian financial services provider.

ENDS

About Castle Point

Castle Point is a New Zealand boutique funds management business founded by Richard Stubbs, Stephen Bennie, Jamie Young and Gordon Sims.
The name, Castle Point, captures the essence of how we invest:
• Castle – We take a long-term perspective when we invest, seeking out companies that are built to last.
• Point – we have a focused and disciplined investment process, including an incentive structure aligned with our clients’ returns.
Castle Point also happens to be one of the most rugged and dramatic coastlines in New Zealand.

For further information, please visit:http://www.castlepointfunds.com/

About Dominic Johnson

Dominic is a prominent entrepreneur, businessman, financial writer and regular broadcast personality who has appeared on Bloomberg News, CNN, Reuters and CNBC. He writes opinion pieces for the Financial Times and other leading financial journals and blogs.

Dominic is a founding Partner and Chief Executive of Somerset Capital Management LLP. Prior to starting Somerset Capital, he helped to build Lloyd George Management from $1.5bn to $16bn under management between 2001 and 2007.

He has spent the last 16 years raising capital for various institutions in Asia, the USA and the UK including Robert Fleming and Jardine Fleming. He graduated from Durham University in 1995.

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