Morley Fund Management's US team is to be headed by Jane Fergusson, currently with CGU in Boston, wr...
Morley Fund Management's US team is to be headed by Jane Fergusson, currently with CGU in Boston, writes Mohamed Ali Bernat.
As reported in last week's Investment Week, the US team of both Morley and Norwich Union are leaving the merged group.
Martin Hall, head of sales and marketing at Morley, said the Morley model of international equity management will be used, meaning Japan funds will be operated from Tokyo, pan-Asian funds out of Singapore and US equities out of Boston.
The UK equities team, headed by Richard Prew, will include David Lis, Iain Brown, Bradley Mitchell, Scott McKenzie, Simon Davies, Jonathan Groom, Ross Courtier and Richard Morgan as fund managers. Neil Hermon will be head of small companies.
Morley's Japan fund will be run by Yuriko Sano and Naomi Shibanuma and the Asia Pacific desk headed by Sheree Tan. The European team will be headed by Jeff Currington, while international equities will be headed by Andrew Hitchings.
Hall said: "We don't think the merger was a matter of forcing two teams with different styles together, it has worked out to be around a 50-50 split from each side."
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