Article date: 3 April 2007
Morley, major fund management company and part of the Aviva group, operating in Italy from its offices in Milan, has announced today that Ian Gleeson will direct its international multi-manager property services, starting in mid-May.
Ian comes to Morley from the National Pensions Reserve Fund (NPRF) of Ireland, where his role was as head of property. Ian is currently chair of the INREV* Investor Platform and sits on the INREV investment board. Previously, he worked for F&C as director responsible for indirect property investment and formulation of strategies for all clients in the property sector.
At Morley, Ian will work with the indirect investment team to help them identify the best property funds for investment and the best proposals for the sector on an international scale.
Nick Mansley, head of strategy and indirect property investment at Morley Fund Management, commented: "Morley is committed to growing its multi-manager business on an international scale. The fact that we managed to include Ian Gleeson in our team is great news for us and a clear indication of Morley's growing international reputation and presence.
"At the NPRF Ian Gleeson established the property sector investment programme, using over €1 billion on a range of investment vehicles across Europe, North America and Asia. He will further reinforce Morley's capacity to provide the best possible investment solutions to our clients in terms of international property."
Morley manages around $4 billion in property multi-manager mandates, a further $2 billion of property securities and a total of around $50 billion on property.
Morley last year appointed James Cooksey as fund manager of UK multi-manager services and Paul Van de Vaart to manage its global investments in the property sector, rapidly expanding its activities on an international scale.
Ian Gleeson will report to Nick Mansley.
* INREV is the European Association for Investors in Non-listed Real Estate Vehicles.
For further information:
Sibilla Querci, Melissa Lovisetto, Anna Zaffoni
+ 39 02 89 011 300
Notes to editors:
Morley Fund Management, with head offices based in London, is the Fund Management Company of the Aviva Group that manages €246 billion on worldwide, as of 31 December 2006.
Morley manages funds for both institutional and retail clients. It operates as investment manager for a range of funds for retail investors, distributed in the UK under the Norwich Union brand, and international funds under the Aviva Morley brand name.
The property team manages in excess of €44 billion in property assets located in England and Europe.
- Equity End User of the Year - Derivatives Week DEAL Awards 2006
- Property Fund Manager of the Year, Pensions Management Awards 2006
- Best Commitment to Raising Standards of Trustee Education, Engaged Investor Awards 2006
- Property Fund Manager of the Year, Property Week Awards 2006
- SRI Provider of the Year, Global Pensions 2006
- Central European Property Awards 2005 - Outstanding Company of the Year & Investor of the Year
- UK Pensions Awards 2005 - Property Manager of the Year
- Property Week Awards 2004 - Best Property Fund Manager