The UK Small Cap team at Morley Fund Management ('Morley') has shown a marked improvement in the Reuters Smaller Companies Annual Survey moving up from 20th to 6th place in the individual category. The individual team, headed up by Neil Hermon, consists of Sharon Segal, Jeremy Grime, Theresa Wat and Alex Pedder. In addition to this, Morley have also improved their position in the Group category from 19th to 9th place.
The UK Small Cap team at Morley Fund Management ('Morley') has shown a marked improvement in the Reuters Smaller Companies Annual Survey moving up from 20th to 6th place in the individual category. The individual team, headed up by Neil Hermon, consists of Sharon Segal, Jeremy Grime, Theresa Wat and Alex Pedder. In addition to this, Morley have also improved their position in the Group category from 19th to 9th place.
This follows on from Neil Hermon's success in the Reuters UK Larger Companies Survey, released in February, when he was rated second best individual buy-side analyst. Donald Tosh, Head of Corporate Research at Morley was rated top individual buy-side analyst for the third year running and Morley also came 7th overall in the UK Larger Companies top fund management groups survey.
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 Smaller 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 Neil and the UK Smaller Companies team especially during a year of integration at Morley following the CGU / Norwich Union merger. This improved rating is testament to Morley's commitment to corporate research, the centrepiece of our investment process. "
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For further information please contact:
| Morley Fund Management | |
| Mike Bishop, Head of Pan-European Equities | 020 7809 6223 |
| Penrose Financial | |
| Gay Collins/Caroline Deutsch | 020 7786 4888 gayc@penrose.co.uk carolined@penrose.co.uk |
Notes to Editors
Morley Fund Management is an independently managed, London based, asset management business with Ł106 billion under management. It has investment management operations in London, Boston, Tokyo and Singapore.
Morley is a wholly owned subsidiary of the CGNU Group and manages institutional funds under the Morley brand. It also acts as investment manager for a range of retail investment funds, marketed under the Norwich Union brand.
CGU plc and Norwich Union plc merged on 30 May 2000 to create CGNU plc, the UK's largest insurance group and one of the top-five insurers in Europe with substantial positions in other markets around the world, making it the world's sixth largest insurer based on gross worldwide premiums.
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 and members of the CGNU Group.