Morley Fund Management hired a seven-person team of investment managers specializing in socially responsible investments from Henderson Investors. Clare Brook, director of socially responsible investments for Henderson, was named investment director socially responsible investments at Morley. Paul Moody, who was head of business development for socially responsible investments at Henderson, will have a similar role at Morley. Other team members are Linnet Cotterill, fund manager; Peter Michaelis, assistant fund manager; and research analysts Tony Belsom, Fiona Cuthbert and Jo Johnston. The team plans on joining Morley by the end of the year, depending on their contractual agreements with Henderson, said Keith Jones, Morley managing director.
The team was managing just more than £1 billion ($1.5 billion) at Henderson, said a spokeswoman for Henderson who asked not to be identified.