Morley Fund Management, the UK’s largest active fund manager, has appointed Jonathan Pitkanen and Oliver Judd as credit analysts to its credit research team. Both will join Morley this month.
Morley Fund Management, the UK’s largest active fund manager, has appointed Jonathan Pitkanen and Oliver Judd as credit analysts to its credit research team. Both will join Morley this month.
Reporting to Tim Barker, head of credit research, Jonathan will focus on the industrial sector and Oliver will focus on the financial sector. Both will be responsible for analysing the outlook for companies’ credit worthiness and making buy/sell recommendations to the credit fund managers.
Morley's head of credit Paul Mingay said Jonathan and Oliver were a valuable addition to the team.
"In the current challenging credit environment, hiring experienced analysts is crucial to delivering strong fund performance for clients. Credit analysts play an important role in stock selection.
“Jonathan and Oliver's addition to our team strengthens the quality of our credit research. Their arrival boosts our team of credit analysts to 12 strong, working closely with a team of nine corporate bond fund managers," he said.
Jonathan brings 12 years credit industry experience and joins after five years with Fitch Ratings where he was a European credit analyst. His responsibilities included analysing European retailers (food, apparel and specialty retail sectors), predominantly investment grade. Prior to Fitch Ratings, he was a relationship manager and head of credit analysis, Corporate Banking at Societe Generale.
Oliver joins Morley from HSBC Bank. He was responsible for developing HSBC’s rating advisory capabilities and coverage of the financial services sector. He has nine years’ industry experience and prior to HSBC Bank, Oliver was a credit analyst at Standard & Poors for five years.
With more than Ł155bn managed by firms within the Morley group of companies, Morley manages more than Ł70bn in fixed income assets and has more than 40 fixed income professionals. Morley’s credit team manages more than Ł24bn in assets.*
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For more information contact:
Beth Saint
Corporate Communications
Telephone: 020 7809 8125
Morley Fund Management
* all figures as at 31 May 2006
Notes to editors
Morley Fund Management
- Morley Fund Management Limited is the UK-based asset management business of Aviva plc. Firms within the Morley group of companies manage Ł155bn from offices around the world as at 31 May 2006.
- Morley manages both institutional and retail funds under the Morley brand. It also acts as investment manager for a range of retail investment funds, marketed in the UK under the Norwich Union brand, and international funds marketed under the Aviva Funds brand.
Awards
- 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
- Pensions Management Provider Awards 2003 – Best Property Fund Manager
- Fund Manager of the Year - Pensions Week Awards 2002
- Specialist Manager of the Year - UK Pensions Awards 2002
Further information about Morley Fund Management can be found at www.morleyfm.com