Morley, Europe’s largest property fund manager is growing its pan-European securities and multi-manager capability.
- Paul van de Varrt appointed to lead Morley's real estate securities capability
Morley, Europe’s largest property fund manager* is growing its pan-European securities and multi-manager capability. Paul van de Vaart has been appointed this week from ABP (Europe’s largest pension fund) where he was responsible for €4.5 billion of property securities, to lead Morley’s real estate securities capability. He will be Morley’s first dedicated property securities fund manager.
Zoe Collier also arrives this week from Bloomberg Analytics. Both Paul and Zoe join Morley property’s strategy and indirect investment division reporting to Nick Mansley.
Nick Mansley, property strategy and indirect investment director at Morley Fund Management, comments: “We are very pleased with the appointments of both Paul and Zoe which underline Morley’s commitment to growing our pan-European multi-manager and property securities business which is already over €3 billion. Paul is one of Europe’s leading property securities fund managers and comes with a track record of delivering strong absolute and relative performance. Zoe’s strong background in analysis will add additional firepower to our multi-manager research capability.
“The boundaries between unlisted and listed indirect property investments are becoming increasingly blurred, notably by the growth of REITs, and clients are looking for pan-European ‘best ideas’ that look across the indirect investment spectrum. These appointments will play a significant role in ensuring we continue to deliver strong performance and top investment products to our clients"
Paul’s title will be real estate securities fund manager and he will manage Morley property company share funds (including the European component of the Aviva Funds Global REIT Fund). He will also advising across Morley’s property funds which invest in real estate securities such as the Norwich Property Trust. Zoe’s title will be analyst, reporting to Rachel Portlock, multi-manager strategist at Morley.
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*Oxford Property Consultants, 31 December 2005
For more information contact:
Strahan Wallis
Corporate Communications
Telephone: 020 7809 8618
Notes to editors:
Morley Fund Management
The Morley property team manages in excess of €39 billion of UK and European property assets, making Morley the largest property fund manager in Europe*. Morley Fund Management Limited is the UK-based asset management business of Aviva plc. Firms within the Morley group of companies manage Ł157 billion from offices around the world as at 30 June 2006.
Awards
- 2006, Outstanding Company of the Year Award, CEE Real Estate Quality Awards
- 2006, Investor of the Year Award, CEE Real Estate Quality Awards
- 2006, Property Fund Manager of the Year, Pensions Management Awards
- 2006, Property Fund Manager of the Year, Property Week Awards
- 2006, Best Performing Insurance Company Life Fund, IPF/Estates Gazette Property Portfolio Performance Awards (three years > Ł1bn)
- 2005, UK Pensions Awards Property Manager of the Year
- 2004, Property Week Fund Manager of the Year Award
- 2003, Property Fund Manager of the Year, Pensions Management Awards.
The property team consists of 70 investment professionals and manages a range of funds on behalf of institutional, pension and retail clients. Morley has been at the forefront of innovation in property fund management and has launched eleven specialist sector based funds with partners, including: Igloo Regeneration Fund, Quercus Healthcare Property, The Junction and The Mall.
Further information about Morley Fund Management can be found at www.morleyfm.com or www.morleyproperty.com