BIOGRAPHY

Chris Edge is a senior investment professional with over 25 years’ experience. He co-founded AEIA in June 2003.

Chris has a successful and proven record in managing investment funds and fund management businesses. He spent extensive periods with Lazard Brothers and the Family Assurance Group, where he gained wide experience in the fields of asset allocation and stock selection in the securities markets.

In 1997 he was instrumental in the creation of Pavilion Asset Management Ltd, and following its sale, he brings experience, management and promotional skills as Chief Executive of AEIA.

Chris is an investment adviser and a trustee to both pension schemes and charitable funds, and is a non-executive director of a UK quoted Investment Trust company. He is a frequent commentator in the press, and is a regular speaker at pensions and investment conferences both in the UK and overseas.

BIOGRAPHY

Nick Broadhead worked at Baring Asset Management for 29 years and was appointed a director in 1986.

Over this period Nick was exclusively involved with UK Pension Funds and Charities; initially, for 18 years, as an investment manager with a wide range of institutional UK clients, then subsequently as senior director responsible for client and consultant relationships.

With assets under management in excess of £2 billion, his client responsibilities included Local Authorities, private sector and charity schemes. In addition to investment management Nick frequently worked closely with clients on a wide range of projects including strategic asset allocation, product design, and trustee communication and training.

Nick is a director and one of the founder members of AEIA.

BIOGRAPHY

Bill Horwood has over 30 years investment experience, mainly at Phillips & Drew, later UBS Global Asset Management, where he became a Partner then Director responsible for a wide range of segregated funds in excess of £2 billion within both the public and private sectors.

Bill is a co-founder AEIA and, under its umbrella, is an adviser to a £125 million UK Pension Fund and has also assisted the NAPF in trustee training.

Bill was a consultant to the World Gold Council between 2000 and 2003. He is an Associate Member of the Society of Investment Professionals and a member of the CFA Institute, Securities Institute and Independent Trustees Group.

BIOGRAPHY

Alistair Byrne spent 10 years at AEGON Asset Management UK in a number of senior positions including Head of Investment Strategy and Head of Equity Research. Since 2003 he has been a member of the Finance Faculty at the University of Strathclyde in Glasgow, researching the investment issues faced by defined benefit and defined contribution pension funds. He is also a CFA charterholder and a Fellow of the Pensions Institute at Cass Business School, London, which has an international reputation for pensions research.

BIOGRAPHY

Alastair Haddow provides AEIA with significant experience in investment management and consultancy, in-depth knowledge of global financial markets and practical experience of managing multi-asset and specialist portfolios. Alastair spent 30 years with Murray Johnstone as an investment manager and Investment Director. From 1993-2000 he was Chief Investment Officer for the group and managed a number of investment teams running investment funds worth £5 billion. After Murray Johnstone became acquired by Aberdeen Asset Management, Alastair was a Senior Investment Consultant with Hymans Robertson, providing investment consultancy advice and recommendations to occupational pension schemes in both the public and private sectors. He is a trustee of a pension scheme and consultant to an offshore trust.

BIOGRAPHY

John Heskett worked for the Baring Group for 30 years, in the fields of corporate finance (1972 to 1982) and investment management (1982 to 2002 ). He was a founding member of the Baring Asset Management Board and has considerable experience of asset allocation, having been responsible for the management of balanced portfolios and having acted as CIO of fixed income and currency management. Baring clients included leading UK and US plans, central banks and insurance companies. His last position was Group Head of Sales ,Business Development and Client Service from 1997 onwards.

John is presently chairman of Heartwood Wealth Group, one of the leading independent private client wealth management companies in the South East of England. He has consulted at Heartwood since 2002, principally on investment and product development issues. John also sits on the investment committees of Imperial College, University of London and the Chartered Accountants Benevolent Association. John is a Trustee to the ITDG Limited Employee Benefit Scheme.

BIOGRAPHY

Karen Shackleton has over 22 years’ professional investment experience. She started her career at County Natwest Investment Management, specialising in quantitative fixed income and derivatives fund management for pension funds. She later introduced currency dynamic hedging, tactical asset allocation, quantitative added value products and option writing strategies. She was also responsible for client servicing, marketing and business strategy in the UK, USA and Japan. In 1991 Karen joined BZW Investment Management (now BGI), heading up the Client Service Team within the Quantitative Investment Group. Her responsibilities included client relationships, marketing and trustee training. She became an Independent Consultant in 1995 providing a range of services including trustee training with a particular focus on hedge funds and quantitative strategies.

BIOGRAPHY

Adrian White has held senior management positions with leading asset management firms including Morgan Grenfell and Midland Montagu Asset Management, where he was Deputy Managing Director.

In mid-2004 Adrian retired from Hermes Pensions Management Ltd where he was Deputy Chief Executive and Chief Operating Officer. At Hermes, Adrian performed key roles in developing the business from an in-house fund manager into a company providing investment services to third party clients. He has also been closely involved with the Trustees of the BT Pension Scheme. Adrian qualified as a chartered accountant with Peat Marwick Mitchell & Co.

BIOGRAPHY

Until 31st December last year, Peter Scales was Chief Executive of the London Pensions Fund Authority, the administering authority for a Local Government Pension Scheme fund valued at £3.5 billion and with 73,000 members. As Chief Executive, Peter led the restructuring of the Pension Fund investments, linking strategy to liabilities and he also played a lead role in introducing fund strategy statements.

Peter has made a major contribution to developing good pensions strategy and, from January 2004, was Chaimran of the Institutional Investors Group on Climate Change. Since April 2006, Peter has acted as Chairman of the Marathon Club and is also a trustee of the Life Academy and the Scout Association Pension Fund.

BIOGRAPHY

David Somers has extensive knowledge of the investment business, having held senior positions in the industry for over 30 years.

David began his career with the ICI Pension Fund. In the 1980s he was the Managing Director of Manufacturers Hanover Investment Management Ltd and in the 1990s Managing Director of Nikko Capital Management UK Ltd. In 2000 he joined Clerical Medical Investments Group to head up their institutional pension fund business.

David is currently an Independent Trustee for the Fujitsu Technologies Pension Fund and is Chairman of the Shepherds Friendly Life Assurance Group. David is also Chairman of the Audit Committee for the Commission for Racial Equality. David has an Honours degree in Economic Studies, is a qualified accountant (FCCA) and is a CFA (ASIP) member.

BIOGRAPHY

Peter Murray has held senior executive positions within the UK pensions industry for over 15 years.

Most recently he has held the position of Chief Executive of the Railways Pension Trustee Co Ltd and Executive Chairman of Railways Pensions Management and Railpen Investments Ltd with responsibility for the investment of total assets of over £13bn. He is a past Chairman and member of the Council of the NAPF. Peter is one of the most widely respected pensions experts in the country.

BIOGRAPHY

Alan Saunders is currently an investment consultant, advising pension funds on behalf of AEIA and is also involved in the world of hedge funds through a separate consultancy with Allenbridge Group, a London consultancy which, among other activities, carries out research and ratings on hedge funds.

He is currently the independent adviser to Dorset County Council pension fund and until recently was the adviser to the trustees of the National Grid Transco Group pension scheme. He sits on the board of two closed end investment companies. In a varied career in the financial markets and international industry, he has been a stockbroker and partner in Simon & Coates, Chief Economist of Royal Dutch Shell, Investment director at Lazards and a Managing Director at UBS, responsible for international private clients. In his time, he has been a trustee, chair of trustees and external adviser to pension schemes in the UK.

BIOGRAPHY

Philip Williams currently acts as an independent investment adviser to pension schemes and charitable and endowment funds in both the public and private sectors. Philip spent 25 years at Phillips & Drew/UBS, during which time he concentrated in particular on global bond markets and, latterly, as Head of Debt Derivative Products. In this regard, he formed a department drawing on wide resources within Phillips & Drew and UBS Securities to deliver interest rate and currency swaps, asset swaps, OTC options and exchange traded futures.

From 1993 to 1999, Philip was Deputy Managing Director at Cantrade Investment Management/Chiswell Associates and continues to Chair the Risk Committee in a non-executive capacity. Philip advises a wide range of clients on strategic asset allocation across all markets.