Aviva Investors

Aviva Investors is an asset management company and is part of the Aviva group.

Aviva Investors

History

The London unit, previously known as Morley, was founded in 1971 as Geoffrey Morley and Partners. This was bought by Globe Investment in 1988 and then sold to Commercial Union, before being absorbed into CGU and then Aviva plc.[1]

The Central Bank of Ireland fined Aviva Investors in July 2011 for failing to have proper controls and procedures surrounding the safeguarding of client assets.[2][3]

The company has made significant investments in biomass and wind energy.[4] Some of the investments in biomass have attracted local and national opposition, due to the increase in pollution and the contributions to fossil fuels.[5]

Notes and references
  1. "Father of Gars moves to kill Aviva's complexity". FT. 21 September 2014. Retrieved 18 April 2020.
  2. "Central Bank fines Aviva Investors Ireland". RTÉ News. 2011-07-22.
  3. Madden, Caroline (2011-07-23). "Aviva Investors fined €30,000 for breaches over client assets". The Irish Times.
  4. "Aviva Investors buys 49% stake in Scottish wind farm portfolio from Fred Olsen". 1 May 2018. Retrieved 2 July 2020.
  5. "Barry docks incinerator decision 'long-awaited'". BBC. 21 February 2019. Retrieved 2 July 2020.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.