Morley has enjoyed a year of award-winning progress, with expansion into Europe, innovative product launches and strong performance for our investors.

Our property team continues to be recognised by the industry, winning property fund manager of the year at Property Week Awards 2006 and Property Investment Manager of the Year at Pensions Management 2006, and winning two European awards – Outstanding Company of the Year and Investor of the Year at the Central and Eastern European Real Estate Quality Awards.

Our sustainable and responsible investment (SRI) team continues to be highly regarded in the market and was the only UK-based team to be awarded a UK equities mandate by France’s state pension reserve fund. We were recognised as SRI provider of the year by Global Pensions 2006, and we retained our top ranking for our understanding of SRI and extra-financial issues in the Thomson Extel Survey for the fourth successive year.

We are delighted that our hard work, forward thinking approach to asset management and focus on SRI issues continues to be recognised by our peers, clients and industry associates.