Morley Fund Management, one of the UK’s largest fund managers, has made two appointments to its strategy and economics team. Stewart Robertson has been appointed senior economist – UK and Europe and James Kenney has been appointed as a derivatives analyst.
Morley Fund Management, one of the UK’s largest fund managers, has made two appointments to its strategy and economics team. Stewart Robertson has been appointed senior economist – UK and Europe and James Kenney has been appointed as a derivatives analyst.
Stewart joined on 15 March from Lombard Street Research where he was head of UK service. He joined the firm in 1993 as an economist and progressed to join the company’s board by 1998. At Morley, Stewart will report to Adrian Jarvis, head of strategy, and will be responsible for providing economic research on UK and European markets to Morley’s 200 investment professionals and play a key role in the development of Morley's asset allocation stance for Ł75bn of TAA clients.
Prior to his position at Lombard Street Research, Stewart worked at Coopers & Lybrand as a management consultant and Unilever as a market economist.
James Kenney joined in February from Mercer Investment Consulting and reports to Tom Wills, derivatives fund manager within the Strategy team. James will be responsible for day-to-day fund management issues relating to derivatives.
The addition of this new role reflects the increased use of derivatives at Morley due to regulatory changes within collective investment schemes (UCITS III) and the life insurance industry combined with a growing acceptance among clients of using new tools in a challenging low-yield environment.
Commenting on the appointments, Adrian Jarvis, head of strategy at Morley Fund Management, said: "These appointments will add further strength in the key areas of top-down research and derivatives usage, both critical to meeting the growing demand for asset allocation solutions."
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For further information please contact:
Laura Cook, Corporate Communications Executive 020 7809 8125
Morley Fund Management laura.cook@morleyfm.com
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