Morley Fund Management, one of the UK’s largest active managers, has been awarded "Equity End User of the Year" at the second annual Derivatives Excellence, Achievement and Leadership (DEAL) Awards last week.
Morley Fund Management, one of the UK’s largest active managers, has been awarded "Equity End User of the Year" at the second annual Derivatives Excellence, Achievement and Leadership (DEAL) Awards last week.
The DEAL Awards recognise the firms and professionals who truly stand out in the over-the-counter derivatives market during the year. Nominees and winners include leading derivatives banks, law-firms and end-users.
The judges cited Morley as the winner for its trail-blazing use of equity derivatives across its funds. Dealers praised the firm for demonstrating to rivals the value of derivatives and for “investing significantly to battle the derivatives fear-factor”.
“Morley’s partnership with Barclays Capital has produced the Global Distribution Fund and the Global Cautious Income Fund, managed by Iyad Farah and Tom Wills in London. While the call-overwriting strategy the funds run is nothing new, it is ground-breaking in that the funds target retail investors rather than institutions,” they said.
The award also recognised Morley’s extensive derivatives use in other areas including the balanced funds and index teams managed by Steve Cleal, Russell Harris and Ned Kelly.
Morley was nominated alongside BlueCrest Capital Management and The Royal Bank of Scotland’s Multi-Strategy Group.
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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 Ł162bn from offices around the world as at 30 Septmber 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
- Equity End User of the Year – Derivatives Week DEAL Awards 2006
- 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.
Further information about Morley Fund Management can be found at www.morleyfm.com