Morley, the UK funds arm of insurance group Aviva, has hired Australian Macquarie Bank's former managing director of property in Hong Kong to a new role overseeing the planned expansion of its Asian property business.

Nick Ridgewell spent 11 years at Macquarie and was seconded to Hong Kong for five years to manage the firm's real estate business in Asia. This included responsibility for managing listed and unlisted real estate funds and execution of property investment strategy and transactions throughout Asia.