Morley Fund Management today is pleased to announce that Katherine Garrett-Cox will succeed Gerry Holtham as chief investment officer (CIO) on his retirement in 2004.
Morley Fund Management today is pleased to announce that Katherine Garrett-Cox will succeed Gerry Holtham as chief investment officer (CIO) on his retirement in 2004. Katherine will also be appointed to the Morley board (subject to regulatory approval).
Katherine was most recently chief investment officer at Aberdeen Asset Management and will join Morley early in 2004 in advance of Gerry’s departure to ensure a smooth hand over.
Keith Jones, chief executive officer of Morley Fund Management, said: "This is great news that we can welcome Katherine to Morley at an important time in our development. We always said it would not be easy to find someone of the calibre of Gerry to take over the baton in terms of the CIO position.
"Gerry was a key player in the founding of the business and in particular he has been instrumental in developing our investment philosophy and process. His legacy is the solid foundation at the core of our company which will enable us to foster our future growth.
"With this sound platform in place, Morley is well placed to maximise Katherine’s drive and talents, particularly her broad management skills and extensive industry experience, in the pursuit of our strategic goals."
Katherine Garrett-Cox said: "I’m delighted to have the opportunity to join Morley. I have been extremely impressed by the calibre of the senior management team and look forward to working with them. I believe that Morley possesses both the vision and focus required to become a truly world class fund management group and I welcome the opportunity to contribute to this exciting challenge."
Before joining Aberdeen, Katherine was head of North American equities at Hill Samuel Investment Management where she worked from 1993-2000.
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For further information please contact:
Fiona Baker, Head of Corporate Communications 020 7809 8617
Morley Fund Management
Notes to Editors
Morley Fund Management
- Morley Fund Management (‘Morley’) is an independently managed, London based, asset management business with over Ł100 billion under management (as at 30.06.03). It actively manages a diverse range of asset classes and employs in the region of 900 staff worldwide 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.
Awards
- 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
- Pensions Management Provider Awards 2002 – Commended for Best SRI Fund Manager and Best Fixed Income Fund Manager
*Morley Fund Management International Limited, an Aviva company
Further information about Morley Fund Management can be found at www.morleyfm.com.