The Lipper Fund Awards 2005 in Singapore have awarded Morley Fund Management best equity emerging markets global fund over both one and five years.
The Lipper Fund Awards 2005 in Singapore have awarded Morley Fund Management best equity emerging markets global fund over both one and five years. Niall Paul and his team in London manage the Aviva Emerging Countries Equity Fund, which has delivered 24.5% in 2004 and a cumulative return of 18% over five years (data source: Lipper Hindsight calculations on total return basis to end of 31 December 2004).
The Lipper Fund Awards 2005 highlights funds that have excelled in delivering consistently strong risk-adjusted performance, relative to peers. The presentation of the Singapore Edge-Lipper awards was held on 24 February 2005 in Singapore’s Tower Club. To view the Lipper Fund Awards winners list, please visit www.lipperweb.com.
Niall Paul said: "I am delighted that Edge-Lipper has chosen to recognise the fund’s recent and long-term out performance. One of our key investment themes in 2004 was to avoid the Russian oil giant Yukos as it slipped towards bankruptcy, whilst identifying early the potential for high returns away from the headlines in converging Europe. We continue to find many exciting opportunities in our asset class and look forward to generating further solid gains for our investors."
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For further information please contact:
Monina Villaroman, Corporate Communications Manager 020 7809 8618
Morley Fund Management
Notes to editors
The Lipper Fund Awards 2005 program highlights funds that have excelled in delivering consistently strong risk-adjusted performance, relative to peers.
The Lipper Fund Awards are awarded to funds in 17 countries in Asia, Europe, and the United States. The award-winning funds are among the 125,000 funds Lipper tracks globally.
Lipper strives to make the list of award-winning funds and fund families easily available to investors and advisors. In addition, they do not charge funds to promote the awards to current and potential shareholders, or to advisors.
Lipper designates award-winning funds in most individual classifications for the three-, five-, and ten-year periods. In addition, the Lipper Fund Awards 2005 program spotlights fund families with high average scores for all funds within a particular asset class or overall.
The Aviva Funds Emerging Countries Equity Fund invests in emerging market equities and was launched 4 November 1993.
The fund manager is Niall Paul who has more than ten years of investment experience and is Head of Emerging Markets. He joined Morley Fund Management in 1999, after four years with Foreign & Colonial Emerging Markets as a fund manager. He holds a BEng in civil engineering from the University of Liverpool and is an Associate of the Institute of Investment Management and Research.
Niall Paul, head of emerging markets, ensures that the emerging market funds surpass their performance objectives. He oversees a disciplined investment process within the fund and implements top down asset allocation models.
Morley Fund Management
- Morley Fund Management (‘Morley’) is an independently managed, London based, asset management business with over Ł128 billion* under management (as at 31.12.04). It actively manages a diverse range of asset classes and employs in the region of 200 investment professionals based in London, Singapore and an associate office in Boston**.
- Morley is a wholly owned subsidiary of the Aviva Group and 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 by Norwich Union, and international funds marketed under the Aviva Funds brand.
*Not including mortgage assets
**Morley Fund Management International Limited, an Aviva company
Awards
- 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
- Insurance Fund Manager of the Year (awarded to Norwich Union) - Standard and Poor’s 2002
- Sustainable and Ethical Investment and Asset Management Award - Liveable City Awards 2002
- Further information about Morley Fund Management can be found at www.morleyfm.com
- Contact us at Morley Fund Management, No. 1 Poultry, London EC2R 8EJ.