Morley boosts investment team

Article date: 28 May 2002

Morley Fund Management (“Morley”) has added fourhigh calibre recruits to its investment team in the areas of FixedIncome, Equities and Research.

Ceris Williams will be joining as Head of Sovereign Bonds inSeptember. Previously Head of Fixed Income at Rothschild AssetManagement Ltd, Ceris has over 15 years experience in theinvestment management industry and was rated no.1 as specialistfixed income manager in an industry survey of consultant opinion in2001. He joins Morley to head up and build on our existingsovereign resource.

Camilla Reeves has joined as a Pan European Small Cap FundManager, from Lombard Odier where she was a key member of theirEuropean small and mid cap team for the last two and a half years.Camilla has 11 years of fund management experience, fivespecifically covering European small and mid caps. Reporting toNeil Hermon, Head of Small Caps, Camilla will be developing ourexpertise in European small and mid caps that we believe willprovide significant growth in the future.

Paula Allen has been appointed as a Global Themes fund Manager,reporting to Michael Jennings, Head of Global Equities. She willtake responsibility for a number of retail and institutionalclients and joins from Deutsche Asset Management where she was anInvestment Manager for North American Equities.

Hitesh Thakrar is joining as an Investment Analyst within theresearch team and joins us from DKW where he was global technologysector co-ordinator heading over 50 analysts. Hitesh starts inJuly.

These additions follow the recent appointment of Gavin Corr tospearhead Morley’s development of pan-European retail funds.Gavin joined from American Express Asset Management where thepan-European retail fund he managed enjoyed first- classperformance and was AA rated by S&P. He will take over therunning of European retail funds following the departure of IainMcNeill.

Gerry Holtham, Chief Investment Officer at Morley, commented:“This range of high calibre recruits further enhances ourability to deliver investment expertise and superior performance toa wide range of clients. I am excited about the growingcapabilities at Morley and I look forward to furtherdevelopments.”

-ends-

For further information please contact:

Daniel Longden, Communications Manager
020 7809 8625
Laura Cook, PR Executive
020 7809 8125
Liz Morley, Gavin Anderson
020 7554 1479

Morley Fund Management

  • Morley Fund Management (‘Morley’) is anindependently managed, London based, asset management businesswith over £107 billion under management. It has investmentmanagement operations in London, Tokyo and Singapore and anassociate office in Boston*.
  • Morley is a wholly owned subsidiary of the CGNU Group andmanages both institutional and retail funds under the Morleybrand. It also acts as investment manager for a range of retailinvestment funds, marketed in the UK under the Norwich Unionbrand.
  • CGU plc and Norwich Union plc merged on 30 May 2000 to createCGNU plc, the UK’s largest insurance group and one of thetop-five insurers in Europe with substantial positions in othermarkets around the world, making it the world’s seventhlargest insurer based on gross worldwide premiums.
  • *Norwich Union Investment Management, a CGNU Groupcompany

Further information about Morley Fund Management can be found atwww.morleyfm.com

Issued by Morley Fund Management Limited and Morley InvestmentServices Limited

Morley Fund Management is a business name of Morley FundManagement Limited, registered in England No. 1151805 and MorleyInvestment Services Limited, registered in England No. 1973412.Both are members of the Norwich Union Marketing Group, members ofwhich are regulated by the FSA for life assurance, pensions andinvestments. Morley Investment Services Limited is a member of theInvestment Management Association. Registered Offices: No. 1Poultry, London EC2R 8EJ. Both are CGNU Group companies. Forinstitutional correspondence please contact us at Morley FundManagement, No. 1 Poultry, London EC2R 8EJ. For retailcorrespondence please contact us at Morley Fund Management, PO Box6800, Brentwood, Essex CM14 4DQ.

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