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For immediate release: Thursday 26 May 2005
IMA ANNOUNCES NEW CHAIRMAN AND BOARD MEMBERS
Following its Annual General Meeting, held last night at the Drapers’ Hall, IMA announces that Simon Davies, Chief Executive of Threadneedle Asset Management Ltd will take over as Chairman of the Association with immediate effect, replacing Lindsay Tomlinson, Vice Chairman – Europe of Barclays Global Investors.
New appointments to the IMA Board were:
Douglas Ferrans Insight Investment Management Ltd Colin McLatchie Aegon Asset Management UK Helena Morrissey Newton Investment Management Ltd Christopher Phillips Scottish Widows Investment Partnership Bill Smith Lazard Asset Management Ltd
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For further information, please contact: Mona Patel, Head of Communications, IMA 020 7831 0898
Out of hours contact: Mona Patel, Head of Communications, IMA 07834 089332
Notes to Editors: 1. Simon Davies graduated in 1981 with an MA Honours Degree in Engineering, Economics and Management from Brasenose College, Oxford University.
Simon began his career in 1981 with Rothschild Asset Management, where he worked as an analyst and fund manager. In 1986 he moved to Gartmore as a pension fund manager and was soon appointed to the board of Gartmore Pension Fund Managers. In 1990 he transferred to the international side of Gartmore's investment management business, becoming Head of Global Funds and then Head of International Equities. In 1995 he joined Threadneedle as Chief Investment Officer and was appointed Chief Executive in January 1999. Threadneedle manages equities, bonds, property and hedge funds for both retail and institutional portfolios.
Outside Threadneedle Simon is on the boards of the IMA and JP Morgan Fleming Overseas Investment Trust. He is also on the Investment Committee of Westminster Abbey.
2. Members of the IMA Board are:
Simon Davies, Threadneedle Investment Services Limited (Chairman) Barry Bateman, Fidelity Investment Services Limited Edward Bonham Carter, Jupiter Asset Management Limited Tim Breedon, Legal & General Investment Management Nick Criticos, F & C Asset Management plc Simon Ellis, Axa Investment Management Douglas Ferrans, Insight Investment Management Ltd Keith Jones, Morley Fund Management Limited Colin McLatchie, Aegon Asset Management UK Michael McLintock, M&G Securities Limited Helena Morrissey, Newton Investment Management Ltd Christopher Phillips, Scottish Widows Investment Partnership Richard Saunders, IMA Bill Smith, Lazard Asset Management Ltd
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