Morley Property commits to build leading pan-European securities and multi-manager business

Article date: 9 October 2006

  • Paul van de Varrt appointed to lead Morley's real estatesecurities capability

Morley, Europe’s largest property fund manager* is growingits pan-European securities and multi-manager capability. Paul vande Vaart has been appointed this week from ABP (Europe’slargest pension fund) where he was responsible for €4.5billion of property securities, to lead Morley’s real estatesecurities capability. He will be Morley’s first dedicatedproperty securities fund manager.

Zoe Collier also arrives this week from Bloomberg Analytics. BothPaul and Zoe join Morley property’s strategy and indirectinvestment division reporting to Nick Mansley.

Nick Mansley, property strategy and indirect investment director atMorley Fund Management, comments: “We are very pleased withthe appointments of both Paul and Zoe which underlineMorley’s commitment to growing our pan-European multi-managerand property securities business which is already over €3billion. Paul is one of Europe’s leading property securitiesfund managers and comes with a track record of delivering strongabsolute and relative performance. Zoe’s strong background inanalysis will add additional firepower to our multi-managerresearch capability.

“The boundaries between unlisted and listed indirect propertyinvestments are becoming increasingly blurred, notably by thegrowth of REITs, and clients are looking for pan-European‘best ideas’ that look across the indirect investmentspectrum. These appointments will play a significant role inensuring we continue to deliver strong performance and topinvestment products to our clients"

Paul’s title will be real estate securities fund manager andhe will manage Morley property company share funds (including theEuropean component of the Aviva Funds Global REIT Fund). He willalso advising across Morley’s property funds which invest inreal estate securities such as the Norwich Property Trust.Zoe’s title will be analyst, reporting to Rachel Portlock,multi-manager strategist at Morley.

-ends-

*Oxford Property Consultants, 31 December 2005

For more information contact:
Strahan Wallis
Corporate Communications
Telephone: 020 7809 8618

Notes to editors:

Morley Fund Management
The Morley property teammanages in excess of €39 billion of UK and European propertyassets, making Morley the largest property fund manager in Europe*.Morley Fund Management Limited is the UK-based asset managementbusiness of Aviva plc. Firms within the Morley group of companiesmanage £157 billion from offices around the world as at 30 June2006.

Awards

  • 2006, Outstanding Company of the Year Award, CEE Real EstateQuality Awards 
  • 2006, Investor of the Year Award, CEE Real Estate QualityAwards 
  • 2006, Property Fund Manager of the Year, Pensions ManagementAwards
  • 2006, Property Fund Manager of the Year, Property WeekAwards
  • 2006, Best Performing Insurance Company Life Fund, IPF/EstatesGazette Property Portfolio Performance Awards (three years >£1bn)
  • 2005, UK Pensions Awards Property Manager of theYear 
  • 2004, Property Week Fund Manager of the Year Award
  • 2003, Property Fund Manager of the Year, Pensions ManagementAwards.

The property team consists of 70 investment professionals andmanages a range of funds on behalf of institutional, pension andretail clients. Morley has been at the forefront of innovation inproperty fund management and has launched eleven specialist sectorbased funds with partners, including: Igloo Regeneration Fund,Quercus Healthcare Property, The Junction and The Mall.

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

Back to top