The Racing Foundation announces two new Trustees to join board from January 1, 2022

22 Dec 2021

The Racing Foundation is delighted to welcome two new trustees to its board.

Head of Strategy at UBS Global Wealth Management Alice Page and founder of Jupiter Merlin Portfolios Algy Smith-Maxwell will join the Foundation’s board from January 1, 2022. 

The duo will join serving trustees Linda Bowles, Susannah Gill, Louise Kemble, Mark Johnston and incoming Chair Julia Budd.

The appointments follow the departure of Chairman Ian Barlow and William Rucker who both served six years as Racing Foundation trustees and provided a wealth of financial and racing knowledge to the board. 

Ian Barlow said: “I’m pleased to welcome Alice and Algy to the Racing Foundation board. In addition to their evident passion for Racing, they bring the deep experience in investment management that we need to oversee our endowment of some £100million. I am delighted that they have agreed to serve.”

Alice Page is responsible for strategy, planning and governance of the world’s largest wealth manager, UBS, and also leads the global Philanthropy Services team. Whilst working abroad in Hong Kong and Switzerland, she completed the Thoroughbred and Horseracing Industries MBA at the University of Liverpool. She has recently relocated to the UK and looks forward to making her contribution to the  board.  

Algy Smith-Maxwell is an experienced fund manager and co-founder of Jupiter Merlin Portfolios. He is a horseman who has been involved in British racing and breeding for over 30 years, originally riding as an amateur jockey for David Nicholson. He is passionate about the future of thoroughbreds and racehorse breeding.

Barlow added: “May I also take this opportunity to thank William Rucker for his invaluable support and wise counsel over the past six years. For myself, it has been an honour to serve as a trustee and latterly as Chairman during a period when the Racing Foundation has striven to make the industry funds it looks after work harder to support innovation and change across so many aspects of our sport that are crucial to our licence to operate. I thank my fellow trustees and our executive team led by Rob Hezel for their unfailing support.”