Aviva Investors is an

asset management Asset management is a systematic approach to the governance and realization of value from the things that a group or entity is responsible for, over their whole life cycles. It may apply both to tangible assets (physical objects such as buildings ...

company and is part of the

Aviva Aviva plc is a British multinational insurance company headquartered in London, England. It has about 18 million customers across its core markets of the United Kingdom, Ireland and Canada. In the United Kingdom, Aviva is the largest general ...

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 Commercial Union plc was a large insurance business based in London. It merged with General Accident in 1998 to form CGU plc. History Commercial Union was established following a conflagration near London Bridge in 1861, known as the Great Too ...

, before being absorbed into CGU and then Aviva plc. The

Central Bank of Ireland The Central Bank of Ireland ( ga, Banc Ceannais na hÉireann) is Ireland's central bank, and as such part of the European System of Central Banks (ESCB). It is the country's financial services regulator for most categories of financial firms ...

fined Aviva Investors in July 2011 for failing to have proper controls and procedures surrounding the safeguarding of client assets. The company has made significant investments in

biomass Biomass is plant-based material used as a fuel for heat or electricity production. It can be in the form of wood, wood residues, energy crops, agricultural residues, and waste from industry, farms, and households. Some people use the terms bi ...

and

wind energy Wind power or wind energy is mostly the use of wind turbines to electricity generation, generate electricity. Wind power is a popular, sustainable energy, sustainable, renewable energy source that has a much smaller Environmental impact of wi ...

. Some of the investments in biomass have attracted local and national opposition, due to the increase in pollution and the contributions to fossil fuels. In September 2021, Aviva Investors signed a long-term lease deal with

Netflix Netflix, Inc. is an American subscription video on-demand over-the-top streaming service and production company based in Los Gatos, California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, it offers a fil ...

to operate and expand the

Longcross Studios Longcross Film Studios is a film and television production facility in Longcross, Surrey, approximately west of central London. Built on the site of the Military Vehicles and Engineering Establishment, the studio began operations in 2006. The stu ...

Notes and references

External links

Official Aviva Investors website
{{Major asset management companies 1971 establishments in England

Investors An investor is a person who allocates financial capital with the expectation of a future return (profit) or to gain an advantage (interest). Through this allocated capital most of the time the investor purchases some species of property. Type ...

Financial services companies established in 1971 British companies established in 1971 Investment management companies of the United Kingdom Financial services companies based in the City of London