Aviva Investors Explained

Aviva Investors
Former Name:	Morley
Type:	Subsidiary
Industry:	Investment management
Founded:	1971
Hq Location City:	London
Hq Location Country:	UK
Key People:	Mark Versey (CEO)
Aum:	£223 billion ^[1]
Parent:	Aviva

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

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.^[2]

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.^{[3] [4]}

The company has made significant investments in biomass and wind energy.^[5] Some of the investments in biomass have attracted local and national opposition, due to the increase in pollution and the contributions to fossil fuels.^[6]

In September 2021, Aviva Investors signed a long-term lease deal with Netflix to operate and expand the Longcross Studios.^[7]

External links

• Official Aviva Investors website

Notes and References

1. Web site: assets under management. www.avivainvestors.com. 31 December 2022.
2. Web site: Father of Gars moves to kill Aviva’s complexity. 21 September 2014. FT. 18 April 2020.
3. News: Central Bank fines Aviva Investors Ireland . RTÉ News . 2011-07-22.
4. News: Aviva Investors fined €30,000 for breaches over client assets . The Irish Times . Caroline . Madden . 2011-07-23.
5. Web site: Aviva Investors buys 49% stake in Scottish wind farm portfolio from Fred Olsen. 1 May 2018. 2 July 2020.
6. Web site: Barry docks incinerator decision 'long-awaited'. BBC. 21 February 2019. 2 July 2020.
7. Web site: Netflix Increases UK Studio Footprint With Long-Term Longcross Deal; Streamer Re-Confirms $1BN UK Content Spend In 2021. Deadline Hollywood. Andreas. Wiseman. September 20, 2021. September 23, 2021.