Michael is our Economic adviser and a Consultant to our Investment Committee bringing the benefit of his outstanding investment experience spanning more than 30 years.  Michael was Chief Investment Officer and a Director of Barings Asset Management from 1998 until December 2007.  Prior to that Michael was a Managing Director at Barclays Capital, Chairman of Barclays Capital Pension Fund and Executive Director of BZW Gilts Ltd.  Michael has been a Council Member of the University of Essex from 1997 to 2006 and was a contributor to numerous newspapers and TV programmes. He also advises Charities, Pension funds and family Trusts.