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 has acted as a non– executive director of a number of quoted investment companies. He is also a member of the Leadership Board of the University of Exeter. He is a frequent commentator in the press and a regular speaker and judge at pensions and investment conferences and awards.

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 of AEIA and, under its umbrella, currently advises three private sector funds (valued at over £200 million). He has also assisted the NAPF in trustee training.

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.

Alistair is a Senior Lecturer in Finance at the University of Edinburgh and previously held the same role at the University of Strathclyde, 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 two pension schemes and an investment consultant to an offshore trust.

BIOGRAPHY

John Heskett worked for the Baring Group for 30 years, initially in corporate finance and later investment management. 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. John’s last position, from 1997, was as Group Head of Sales, Business Development and Client Service.

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 to Heartwood since 2002, principally on investment and product development issues. John also sits on the investment committees of Imperial College, London University and the School of Oriental and African Studies. He is president of the Chartered Accountants Benevolent Association and a trustee of the Intermediate Technology Development Group (Practical Action). He is chairman of trustees of the ITDG Employment Benefit Scheme.

BIOGRAPHY

Karen Shackleton has over 24 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. Karen is the independent investment adviser for the London Borough of Islington pension scheme.

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 and is currently Chairman of Trustees of a pension scheme of a FTSE 100 company.

BIOGRAPHY

Peter Scales is a chartered public accountant with over 40 years experience in local government finance, 20 of these within pensions. He has built a governance advisory capability with AEIA and currently works with three pension funds, two in local government and one in the private sector.

In addition, Peter works in a pensions advisory role with banks and asset managers, is pensions policy adviser to the Local Government Association and works with CIPFA on developing best practice. He is a trustee of the Life Academy, the Scout Association Pension Fund and the Occupational Pensions Trust. He also chairs the Marathon Club and Pensions Procurement Association.

Until December 2006, Peter was Chief Executive of the London Pensions Fund Authority, administering a scheme valued at £3.5 billion and with over 73,000 members. This including leading the restructuring of investment strategy, the introduction of SIPS and the practical application of the Myners principles for local government pension schemes.

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 Chairman of Trustees for the Doosan Babcock Energy Pension Scheme and Chairman of the Investment Committee for the Fujitsu Technologies Pension Fund. In addition, he is Chairman of the Shepherds Friendly Life Assurance Group, a non-executive director of ACE Europe Life plc and a non-executive director, plus Chairman of the Audit & Risk Committee, for Europe Arab Bank plc. 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 while also advising private clients and charities at Allenbridge, where he Chairs the Investment Committee.

Alan is currently the independent adviser to Dorset County Council pension fund and chairs the Investment Committee of Hays Group plc pension fund where he is a trustee. He is also an independent trustee of the ICL Fujitsu pension fund. Outside the world of pension funds, he is the Senior Investment Director of the JP Morgan Emerging Markets Investment Trust and sits on the Client Board of ING Real Estate Asset Management.

In a varied career in the financial markets and international industry, Alan 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.

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 until recently was Chair of the Risk Committee in a non-executive capacity. Philip advises a wide range of clients on strategic asset allocation across all markets.