Cadence Opportunities Fund IPO

Board of Directors

Karl Siegling


Karl Siegling established Cadence Asset Management in 2003 and listed Cadence Capital Limited (ASX: CDM) on the ASX in December 2006. Mr Siegling has over 20 years financial services experience having worked for international firms such as Deutsche Morgan Grenfell (now Deutsche Bank) and Goldman Sachs, along with eFinancial Capital Limited (Challenger Funds Management) and Wilson Asset Management in Australia. Mr Siegling holds a Bachelor of Commerce & LLB, Graduate Diploma Applied Finance and Investment (FINSIA) and has an MBA (Finance & Entrepreneurial Endeavours) from INSEAD in France.

Wayne Davies


Wayne Davies has over 20 years experience as a COO and Chartered Accountant both in Australia and overseas. Originally trained as a Chartered Accountant in South Africa, Mr Davies has worked as an Operations Consultant (Deloittes Consulting Group) and has held the position of COO at Theorema Asset Management (London) and Matthews Capital Partners (Australia) before joining the team at Cadence. Mr Davies holds a Bachelor of Commerce and Post Graduate Diploma of Accounting, and is a member of the Chartered Accountants (South Africa) and Chartered Institute of Management Accountants (UK). Wayne runs the day-to-day activities at Cadence Asset Management and is also a Director of Cadence Capital Limited.

Ronald Hancock


Ronald Hancock is a fellow of the Institute of Chartered Accountants Australia with extensive experience in the financial services industry. He was the Managing Director of Wide Bay Australia Limited, which has moved to a full banking license and now trades as Auswide Bank Ltd, and retired in February 2013. He was a foundation Director and Manager of the Burnett Permanent Building Society formed in 1966, which subsequently merged with other Queensland societies to form Wide Bay Capricorn Building Society Ltd, subsequently Wide Bay Australia Ltd.

Ronald Hancock was a practising Chartered Accountant and continued to practise during the establishment period of the Society. He retired from accountancy in 1994 after 32 years and is also a Director of several private companies. In 2009 he was appointed a member of the Order of Australia for service to the finance sector and to the community of Bundaberg. Ronald has been a Director of the Company for the past 4.3 years.

James Chirnside


James Chirnside has worked in financial markets for 32 years mostly as an equities fund manager across a broad range of markets and sectors. As a fund manager, he was mainly focused in emerging and frontier markets. In addition, he has also been a proprietary metals trader, derivatives broker, and fund promoter in Sydney, Hong Kong, London, and Melbourne.

James studied for a Bachelor’s degree in Business Administration at Edith Cowan University in Perth. James is also a director of Dart Mining NL (DTM), WAM Capital Limited (WAM), Mercantile Investment Company Ltd (MVT), and Ask Funding Ltd (ASK). James has been a Director of the Company for the past 12.5 years.