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CGNU reshuffle at Morley Fund Management

Giant life office CGNU has made several senior appointments within its

investment management business Morley Fund Management.

They follow on from the appointment of Keith Jones as managing director of MFM.

The new head of investment is Gerard Quirke, who was formerly managing

director of Norwich Union Investment Funds. In his new role, he has

responsibility for the development of the retail fund business and has a

place on the board

MFM has also appointed Peter Rains as head of fixed income, Mike Bishop as

head of pan-European equities and Andrew Hitchings as head of international

equities.

Rains was previously MFM head of global bonds and treasury while Bishop

was head of Norwich Union Investment Management European equities fund

management and research teams. Hitchings has moved from MFM&#39s Singapore

office.

All the positions will be based in London.

The property front office will also move to London as part of the merger

of CGNU&#39s investment management business.

The office includes the property investment fund management and property

surveying activities. The decision affects Norwich-based investment fund

managers and surveyors and members of the NUIM finance team dedicated to

property.

Life offices CGU and Norwich Union announced they would be merging at the

end of February.

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