Donald Tosh, Head of Corporate Research at Morley Fund Management, has been rated top individual buy- side analyst for the 3rd year running in the Reuters UK Larger Companies Survey 2001, released yesterday. Neil Hermon, Head of UK Smaller Companies, has been rated second best individual buy-side analyst in the same survey.
Donald Tosh, Head of Corporate Research at Morley Fund Management, has been rated top individual buy-side analyst for the 3rd year running in the Reuters UK Larger Companies Survey 2001, released yesterday. Neil Hermon, Head of UK Smaller Companies, has been rated second best individual buy-side analyst in the same survey.
In addition to winning these two individual awards, Morley also came 7th overall in the Reuters UK Larger Companies top fund management groups survey. This ranks Morley ahead of such firms as Hendersons, Scudder, Newton, JP Morgan, Gartmore and UBS Asset Management.
The Reuters Survey produces detailed industry sector rankings of the key people, fund management groups and brokers that are judged to be the leading authorities on investment in UK Larger Companies by more than 250 company finance directors. The Reuters fund management survey is increasingly becoming the industry standard and is further recognition of Morley as a leading fund manager.
Commenting on the survey results Mike Bishop, Head of Pan European Equities said:
"This is a fantastic achievement for Morley Fund Management. Two years ago neither of the ancestor organisations was rated in the top 20. Now we rate 7th. The importance of global research is a key feature of Morley's investment strategy and since the merger last year, we have made great progress in building a global research team".
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For further information please contact
Morley Fund Management
Mike Bishop, Head of Pan-European Equities
020 7809 6223
Donald Tosh, Head of Corporate Research
020 7809 8209
Penrose Financial
Gay Collins/Caroline Deutsch
020 7786 4888
gayc@penrose.co.uk
carolined@penrose.co.uk
Notes to Editors
Morley Fund Managed is an independently managed, London based institutional asset management business of the CGNU plc.
CGU and Norwich Union merged on 30 May 2000 to create CGNU plc - the world's 6th largest insurer, the UK's largest insurance group and one of the top-five life insurers in Europe with substantial positions in other markets around the world.
CGNU's principal business activities are long-term savings, asset management and general insurance with worldwide premium income and retail investment sales of Ł26 billion and assets under management of more than Ł200 billion.
The institutional fund management business of CGNU in the UK operates under the Morley brand whilst retail investment businesses operates under the Norwich Union brand.
Morley Fund Management is a business name of Morley Fund Management Limited (incorporated in England with Registered No. 1151805 and Registered Office 1 Poultry London EC2R 8EJ) and Norwich Union Investment Management Limited (incorporated in England with Registered No. 2152949 and Registered Office 8 Surrey Street Norwich NR1 3NG) both regulated by IMRO