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MLIM appoints manager to property team

Merrill Lynch Investment Managers has announced Marcus Sperber is joining its property team as a fund manager.

Sperber, former head of property development at property specialists Ashtenne, has worked in the property market for 15 years and is a qualified chartered surveyor.

MLIM property team director Adam Kerr says: “Marcus joins us as the management of our Property Fund has been moved to an offshore jurisdiction in Jersey. The Fund, which to date has only been available to a UK tax-exempt client base, is now also offered to non-exempt domestic and overseas investors, so we are delighted to bring on board such an experienced property professional at this crucial stage.”

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