Mike Acton, CFA, is a Managing Director and Head of Research at AEW. He works closely with the Fund’s investment management team in the development of the Fund’s investment strategy and criteria. Mr. Acton joined the firm in 1990 and has 31 years of experience as an economic analyst and forecaster. He is a standing member of the firm’s Investment, Management, Compliance and Risk Management Committees. The resources of AEW Research are an integral part of AEW’s investment process and Mr. Acton works closely with senior professional in all areas of the firm to develop investment strategies that match clients’ risk/reward objectives with market opportunities. Prior to joining AEW, he was with DRI/MGraw-Hill where he managed the Metropolitan Area Forecasting Service. He is a graduate of Bates College (B.A.) and a CRA charterholder.