Morley adds to Corporate Research team

Article date: 4 September 2001

Morley Fund Management (‘Morley’) is pleased toannounce two appointments to the Corporate Research team in London.Christian Kirk-Thomsen has been appointed as an Investment Analystfocusing on European Support Services and Ole Hiu Tung Hui has beenappointed as an Investment Analyst covering the Pan EuropeanIndustrials sector. Both will report to Donald Tosh, Head ofCorporate Research at Morley Fund Management.

Prior to joining Morley, Christian spent more than six years atSydbank, most recently as Head of Equity Research. He holds an MScin Economics and Business Administration from the SouthernUniversity of Denmark.

Ole worked as Investment Officer at Happy Equity before joiningMorley having previously spent almost three years at Fearnley Fondsas an equity research analyst focusing on shipping. He also holdsan MSc in Business from the Norwegian School of Economics andBusiness Administration (NHH).

Commenting on the appointments, Donald Tosh, Head of CorporateResearch at Morley, said: “We are delighted to welcomeChristian and Ole to Morley. They bring with them considerableexperience and will be great assets to the Corporate Research team.Morley is building team of dedicated career analysts who are freefrom conflicts of interests. They form the core of our investmentprocess and the appointments of Christian and Ole, highlight ourdedication to this principle.”

For further information please contact:

Morley Fund Management
Donald Tosh Tel: 020 7809 8209
Head of Corporate Research

Penrose Financial
Sally Todd Tel: 020 7786 4882
Caroline Deutsch Tel: 020 7786 4871

Notes to Editors

Morley Fund Management is an independently managed, Londonbased, asset management business with £106 billion undermanagement. It has investment management operations in London,Boston, Tokyo and Singapore.

Morley is a wholly owned subsidiary of the CGNU Group andmanages institutional funds under the Morley brand. It also acts asinvestment manager for a range of retail investment funds, marketedunder the Norwich Union brand.

CGU plc and Norwich Union plc merged on 30 May 2000 to createCGNU plc, the UK’s largest insurance group and one of thetop-five insurers in Europe with substantial positions in othermarkets around the world, making it the world’s sixth largestinsurer based on gross worldwide premiums.

Morley Fund Management is a business name of Morley FundManagement Limited (incorporated in England with Registered No.1151805 and Registered Office 1 Poultry London EC2R 8EJ) andNorwich Union Investment Management Limited (incorporated inEngland with Registered No. 2152949 and Registered Office 8 SurreyStreet Norwich NR1 3NG) both regulated by IMRO and members of theCGNU Group

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