Morley, Europe’s largest property fund manager has appointed James Cooksey to the position of fund manager in its Multi Manager business as an internal promotion.
Morley, Europe’s largest property fund manager* has appointed James Cooksey to the position of fund manager in its Multi Manager business as an internal promotion.
Nick Mansley, property strategy & indirect investment director at Morley Fund Management, said: “Our pan-European securities and multi-manager business is in an exciting growth phase right now with the team having just expanded and business growing to over €3 billion in assets under management. Morley has been ranked number one for the last two years by size and number of indirect vehicles out of 368 players in the UK market.**
“We are delighted to be able to promote James to this role. He comes with over ten years’ experience of both direct and indirect fund management and most recently has been managing a fund with a substantial indirect exposure for Morley. We are actively recruiting for a replacement for his previous role.
“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. We are committed to growing this part of our business and to continuing to deliver strong performance and top investment products to our clients.”
James Cooksey joined the investment industry in 1996 joining Morley in October 1999. Upon joining the firm (as Norwich Union) he originally worked in what is now the Morley Pooled Pensions Fund as an asset manager. Subsequently he worked as an assistant fund manager on Norwich Property Trust for nearly five years.
Morley also recently hired Paul van de Vaart 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. Morley also recently hired Zoe Collier as an analyst for the team.
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* Oxford Property Consultants, 31 December 2005
** Source: Property Funds Research (published in Estates Gazette, 28 October 2006)
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 €39bn 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 Ł162bn from offices around the world as at 30 September 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 over 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