Client services coup for Morley

Article date: 1 July 2004

Morley Fund Management ("Morley"), one of the UK's largest fundmanagers, has recruited Paul Waters as head of client investmentservices for the institutional team. Paul brings to Morley morethan 18 years experience in the investment industry.

He joins Morley from Invesco Institutional where he was clientservice director for the past three years. During this time Paulraised the quality of client servicing and relationship managementfrom the fourth to the first quartile, as measured by GreenwichAssociates. Prior to this, he was head of asset management internalaudit at Flemings and then chief operating officer at Fleming AssetManagement in South Africa for two years.

At Morley, he will report to Alistair Morrison, managingdirector, institutional.

Mr Morrison said: "Paul will bring valuable experience andskills to our client servicing team. His strength in improvingclient service and his relationship management skills will be agreat benefit to Morley as we continue our drive to become a firstclass client-focussed organisation."

-ends-

  • Morley Fund Management ('Morley') is an independently managed,London based, asset management business with over £111 billion*under management (as at 31.03.04). It actively manages a diverserange of asset classes and employs in the region of 900 staffworldwide based in London, Singapore and an associate office inBoston**.
  • Morley is a wholly owned subsidiary of the Aviva 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 by Norwich Union, andinternational funds marketed under the Aviva Funds brand.

* Not including mortgage assets
** Morley Fund Management International Limited, an Avivacompany

Awards
PropertyWeek Awards 2004 - Best Property Fund Manager
Pensions Management Provider Awards 2003 - Best Property FundManager
Fund Manager of the Year - Pensions Week Awards 2002
Specialist Manager of the Year - UK Pensions Awards 2002
Insurance Fund Manager of the Year (awarded to Norwich Union) -Standard and Poor's 2002
Sustainable and Ethical Investment and Asset Management Award -Liveable City Awards 2002

MFM/04/767

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