Article date: 12 March 2003
Morley Fund Management (Morley), one of the largest UK fundmanagers, has appointed Ronnie Lim as a Senior Analyst in theSocially Responsible Investment (SRI) Team. Ronnie joined on 3March and will be responsible for analysing companies' social andenvironmental profiles and the extent to which they have aninvestment impact.
Ronnie has extensive experience in broking and has recentlycompleted an MSc in Environmental Impact Assessment at theUniversity of East Anglia, focusing on environmental economics andrisk management.
Prior to this Ronnie was Director of Equity Sales for CLSAGlobal Emerging Markets in Singapore. He has also worked in salesfor CLSA in Hong Kong and London and Cazenove & Co in London.Ronnie is a member of the Institute of Business Ethics and the UKSocial Investment Forum.
Commenting on Ronnie's arrival, Clare Brook, Director of SRI atMorley Fund Management, said: "We are very pleased to welcomeRonnie into the SRI team at Morley. With his combined experience infinancial markets and environmental impact assessment, he will playa key role in our challenge to prove the link between corporateresponsibility and profitability."
The SRI team at Morley focuses on companies that make a directlink between sustainable development and long-term returns.
For further information please contact: Fiona Baker, Headof Corporate Communications 020 7809 8617 Morley FundManagement
Notes to editors
Morley's SRI Team
Led by Clare Brook, Morley's Socially Responsible Investmentteam is one of the largest and most experienced in the UK.
The team has grown in reputation and status, with membersfrequently asked for advice by companies, Non-GovernmentalOrganisations (NGOs) and government departments. The team wasinvolved with policy making for the new legislation that requirespension fund trustees to disclose their stance on social andenvironmental issues.
Having worked with investment consultants from around the world,the team has a global perspective and a global reputation. Itsresearch efforts focus on the world-wide activities of thecompanies in which it invests. Members are regularly asked to speakat overseas conferences on SRI issues.
In 2001 Morley revised its Corporate Governance Voting Policy tovote against the report and accounts of UK companies which did notproduce an environmental report.
In 2002 Morley published its 'Sustainability Matrix' whichgrades the FTSE 100 companies according to social, economic andenvironmental criteria. It also won the Sustainable and EthicalInvestment and Asset Management Award at the Liveable City Awards2002.
Morley Fund Management
Morley Fund Management ('Morley') is an independently managed,London based, asset management business with over £105 billionunder management (as at 31.12.02). It actively manages a diverserange of asset classes and has investment management operations inLondon, Tokyo and Singapore and an associate office in Boston*.
Morley is a wholly owned subsidiary of the Aviva Group andmanages both institutional and retail funds under the Morley brand.It also acts as investment manager for a range of retail investmentfunds, marketed in the UK by Norwich Union, and international fundsmarketed under the Privilege Portfolio brand.
Fund Manager of the Year - Pensions Week Awards 2002 SpecialistManager of the Year - UK Pensions Awards 2002 Insurance FundManager of the Year (awarded to Norwich Union) - Standard andPoor's 2002 Sustainable and Ethical Investment and Asset ManagementAward - Liveable City Awards 2002
*Norwich Union Investment Management, an Aviva Group company
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 in the UK by the Financial Services Authorityfor life assurance, pensions and investments. Morley InvestmentServices Limited is a member of the Investment ManagementAssociation. Registered Offices: No. 1 Poultry, London EC2R 8EJ.Both are Aviva companies.
For institutional correspondence please contact us at MorleyFund Management, No. 1 Poultry, London EC2R 8EJ, for retailcorrespondence please contact us at Morley Fund Management, PO Box6056, Basildon SS15 5UU.