Article date: 22 June 2004
Morley Fund Management, one of the UK's largest fund managers,has appointed Graeme Rutter as an assistant fund manager for itsProperty Fund of Funds. He reports to Phil Ellis, head ofinstitutional fund management within Morley's property team andjoined during May 2004.
Graeme joined from FPDSavills, where he was a director workingin investment agency. He developed wide experience withinFPDSavills, advising clients on commercial transactions (primarilyin the retail warehouse and shopping centre sector), portfolioanalysis and advising on the establishment and operation of limitedpartnerships and unit trusts.
His career in the property industry spans nearly 10 years. Hejoined FPDSavills from Weatherall Green & Smith in 1998.
Commenting on the new role, Ian Womack, headof property at Morley Fund Management, said: "We arecommitted to enhancing the strong property team here at Morley withnew, talented fund managers, and are delighted to welcome Graeme tothe team. We hope to make further key additions to our team in thecoming months."
"Morley Fund Management manages in excess of £12 billion ofproperty assets and is one of the leading property investmentmanagers in the UK. We look after monies for both retail andinstitutional clients and in addition provide innovative solutionssuch as specialist limited partnerships focusing on industrial,commercial and retail property."
- The property team at Morley manages in excess of £12 billionof UK Property assets (as at 31.03.04), making Morley one of thelargest property fund managers in the UK. The team consists of inexcess of 50 investment professionals and manages a range offunds, including segregated and pooled pensions as well as tworetail unit trusts. The funds range across standard and nonstandard property investments and include, amongst others, aregeneration fund and a PFI fund. Morley has been at the forefrontof innovation in limited property partnerships and has launched 10specialist sector based funds, including the Ashtenne IndustrialFund, The Junction and The Mall Fund.
- 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
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