Morley Fund Management, one of the UK’s largest active fund managers, has expanded its global fixed income team with the appointment of Maurice Browne to a newly created fund manager position.
Morley Fund Management, one of the UK’s largest active fund managers, has expanded its global fixed income team with the appointment of Maurice Browne to a newly created fund manager position. The team has also been strengthened by the internal promotion of Gabriela Schneider as an investment analyst.
Maurice will be responsible for the sector allocation within Morley’s global aggregate and absolute return portfolios. Gabriela will support the portfolio management, and research and analysis.
Head of global fixed income Mark Watts said the appointment of Maurice and Gabriela reinforces Morley’s growing focus on a wider range of non-sterling denominated asset classes as a critical part of adding value to existing mandates.
"We are delighted that such high calibre individuals have joined the team. Maurice’s expertise in global aggregate allocation, combined with his experience in using credit default swaps and total return swaps have provided him with the skills necessary for the role.
"This is a very exciting time for global fixed income at Morley. The development of global aggregate and other non-sterling products is part of an ongoing commitment to widening our fixed income product offering. These hires serve to underscore our strength and commitment in this area," he said.
Maurice and Gabriela will both report to Mark.
Maurice joins Morley in August from Merrill Lynch Investment Management where he was a member of the Global Fixed Income team, focusing on global credit and global aggregate allocation. He is a CFA charter holder and has five years industry experience.
Gabriela has moved from Morley’s New Business team, where she focused on pitching for new fixed income, cash and alternative asset mandates. Prior to joining Morley, she worked for Credit Suisse Asset Management and has seven years industry experience.
Morley manages in excess of Ł70bn* of fixed income assets and employs 70 fixed income investment professionals, with existing capability in:
- Gilts
- Sterling, US Dollar and European corporate credit
- Global bonds
- Hedge and Absolute return funds
- High yield
- Emerging Market Debt
-ends-
*as at 30 June 2006
For more information contact:
Beth Saint
Corporate Communications
Telephone: 020 7809 8125
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 in excess of Ł156bn from offices around the world as at 30 June 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