Morley appoints Glen Prentice as emerging markets and Asian equities fund manager

Morley Fund Management, one of the UK’s largest fund managers, has appointed Glen Prentice as a fund manager to its emerging markets and Asia Pacific equities team. Glen will be responsible for managing emerging European equities in both life and retail funds and will report to the head of emerging markets & Asian equities Niall Paul.

Morley Fund Management, one of the UK’s largest fund managers, has appointed Glen Prentice as a fund manager to its emerging markets and Asia Pacific equities team. Glen will be responsible for managing emerging European equities in both life and retail funds and will report to the head of emerging markets & Asian equities Niall Paul.

Glen joins Morley this month from JPMorgan Cazenove, where he was an equities analyst covering the oil and gas sector. He brings to Morley an excellent balance of buy and sell-side experience. Prior to JPMorgan Cazenove, he worked at West LB Asset Management as a fund manager on their Eastern European Convergence Fund before moving on to become an oil analyst at ING Financial Markets.

Of Morley’s Ł134 billion assets under management, it manages Ł48.5 billion in equity assets (as at 30.6.2005) and the Emerging Markets & Asian Equities team manages Ł2.5bn billion (as at 30.6.2005).

Niall Paul, head of emerging markets & Asian equities at Morley Fund Management, commented on the appointment: “We’re very pleased to bring Glen’s solid experience in managing emerging market equities and his depth of knowledge on the oil and gas sector to Morley. We’re confident that he’ll make a significant contribution to the team.”

Earlier this year, the Aviva Funds - Emerging Countries Equity Fund won the Lipper Fund Award in Singapore for best equity emerging markets global fund over both one and five years.

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For further information please contact:
Monina Villaroman
Morley Fund Management
Corporate Communications Manager
020 7809 8618
Monina.Villaroman@morleyfm.com

Notes to editors
Morley Fund Management

Morley Fund Management (‘Morley’) is a London based, asset management business with over Ł134 billion** under management. It actively manages a diverse range of asset classes and employs in the region of 200 investment professionals. Companies in the Morley Group have operations in Boston, Dublin, Luxembourg, Melbourne, Milan and Warsaw. Morley has a representative office in Madrid.

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 under the Norwich Union brand, and international funds marketed under the Aviva Funds brand.

**Not including mortgage assets, as at 30/06/05

Further information about Morley Fund Management can be found at www.morleyfm.com