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Morley Fund Management
Aviva Investors is an asset 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. 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. The company has made significant investments in biomass and wind energy. 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 to operate and expand the Longcross Studios. Notes and references External links Official Aviva Investors website {{Major asset management companies 1971 establishments in England Investors An inve ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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Investment Management
Investment management is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institutions, such as insurance companies, pension funds, corporations, charities, educational establishments, or private investors, either directly via investment contracts or, more commonly, via collective investment schemes like mutual funds, exchange-traded funds, or REITs. The term asset management is often used to refer to the management of investment funds, while the more generic term fund management may refer to all forms of institutional investment, as well as investment management for private investors. Investment managers who specialize in ''advisory'' or ''discretionary'' management on behalf of (normally wealthy) private investors may often refer to their services as money management or portfolio management within the context o ...
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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 insurer and a leading life and pensions provider. Aviva is also the second largest general insurer in Canada. Aviva also has a focus on the growth markets of China and South East Asia through investments and joint ventures with other firms. Aviva has a primary listing on the London Stock Exchange, and is a constituent of the FTSE 100 Index. Name The name of the company upon its formation in May 2000 was CGNU plc and was created when Norwich Union merged with insurer CGU. In April 2002, the company's shareholders voted to change the company name to Aviva plc, an invented palindrome word derived from "viva", the Latin for 'alive' and designed to be short, memorable and work worldwide. The Norwich Union brand, however, was retained for the ...
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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 or equipment) and to intangible assets (such as human capital, intellectual property, goodwill or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). The term is commonly used in the financial sector to describe people and companies who manage investments on behalf of others. Those include, for example, investment managers that manage the assets of a pension fund. It is also increasingly used in both the business world and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. I ...
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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 Tooley Street Fire, which destroyed a number of warehouses and wharves along the River Thames as a result of which the fire insurance companies were hit by a series of massive claims. Consequently, they increased their fire insurance rates so dramatically that a group of local merchants and brokers decided to form their own company. This became known as the Commercial Union Assurance Company.Liveing, Edward. '' A Century of Insurance: The Commercial Union Assurance Group 1861 - 1961''. London: H F & G Witherby, 1961 The company established its head office at 24-26 Cornhill in London in 1897. It purchased the Hand in Hand Fire & Life Insurance Society, the world's oldest fire insurance company, in 1905 and The Ocean Accident and Guarantee C ...
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CGU Plc
CGU plc was a large insurance group, created by the merger of Commercial Union and General Accident in 1998. The company was listed on the London Stock Exchange. It merged with Norwich Union in 2000 to form CGNU plc, later renamed Aviva plc. History The company was created by the 1998 merger of Commercial Union and General Accident. It only existed for two years before it merged with Norwich Union in 2000 to form CGNU plc, later renamed Aviva plc. In the US, the CGU casualty and property businesses were purchased by White Mountains Insurance Group; the name of the company was later changed to ''OneBeacon Intact Insurance Specialty Solutions is the brand used by Intact Financial Intact Financial Corporation is a Canadian multinational property and casualty insurance company. Originally established in 1809 as the Halifax Fire Insurance Associa ... Insurance Company''. References Aviva Financial services companies established in 1998 Insurance companies o ...
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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. It was the issuer of Irish pound banknotes and coinage until the introduction of the Euro currency, and now provides this service for the European Central Bank. The Central Bank of Ireland was founded on 1 February 1943, and since 1 January 1972 has been the banker of the Government of Ireland in accordance with the Central Bank Act 1971, which can be seen in legislative terms as completing the long transition from a currency board to a fully functional central bank. Its head office, the Central Bank of Ireland building, was located on Dame Street, Dublin from 1979 until 2017. Its offices at Iveagh Court and College Green also closed down at the same time. Since March 2017, its headquarters are located on North Wall Quay, where the ...
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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 biomass and biofuel interchangeably, while others consider biofuel to be a ''liquid'' or ''gaseous'' fuel used for transportation, as defined by government authorities in the US and EU. The European Union's Joint Research Centre defines solid biofuel as raw or processed organic matter of biological origin used for energy, such as firewood, wood chips, and wood pellets. In 2019, biomass was used to produce 57 EJ ( exajoules) of energy, compared to 190 EJ from crude oil, 168 EJ from coal, 144 EJ from natural gas, 30 EJ from nuclear, 15 EJ from hydro and 13 EJ from wind, solar and geothermal combined. Approximately 86% of modern bioenergy is used for heating applications, with 9% used for transport and 5% for electricity. Most of the glob ...
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Wind Energy
Wind power or wind energy is mostly the use of wind turbines to generate electricity. Wind power is a popular, sustainable, renewable energy source that has a much smaller impact on the environment than burning fossil fuels. Historically, wind power has been used in sails, windmills and windpumps but today it is mostly used to generate electricity. Wind farms consist of many individual wind turbines, which are connected to the electric power transmission network. New onshore (on-land) wind farms are cheaper than new coal or gas plants, but expansion of wind power is being hindered by fossil fuel subsidies. Onshore wind farms have a greater visual impact on the landscape than some other power stations. Small onshore wind farms can feed some energy into the grid or provide power to isolated off-grid locations. Offshore wind farms deliver more energy per installed capacity with less fluctuations and have less visual impact. Although there is less offshore wind power at pres ...
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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 film and television series library through distribution deals as well as its own productions, known as Netflix Originals. As of September 2022, Netflix had 222 million subscribers worldwide, including 73.3 million in the United States and Canada; 73.0 million in Europe, the Middle East and Africa, 39.6 million in Latin America and 34.8 million in the Asia-Pacific region. It is available worldwide aside from Mainland China, Syria, North Korea, and Russia. Netflix has played a prominent role in independent film distribution, and it is a member of the Motion Picture Association (MPA). Netflix can be accessed via web browsers or via application software installed on smart TVs, set-top boxes connected to televisions, tablet computers ...
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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 studio features four main sound stages ranging from , eight "meganova" sound stages, 200 acres of backlot, a two-and-a-quarter mile test track, and an off-road course. In 2021, Netflix signed a long-term lease deal with Aviva Investors to expand operations and invest in Longcross Studios. Background The studios are built on the site of a 150-year-old manor house in Chobham Common. From 1942 to 2005 the site was used by Military Vehicles and Engineering Establishment for the production and testing of military vehicles and innovations such as Chobham Armour. In 2005, the site was purchased by construction company Crest Nicholson and asset management company Aviva Investors. Longcross Studios began operations the following year and has ...
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Deadline Hollywood
''Deadline Hollywood'', commonly known as ''Deadline'' and also referred to as ''Deadline.com'', is an online news site founded as the news blog ''Deadline Hollywood Daily'' by Nikki Finke in 2006. The site is updated several times a day, with entertainment industry news as its focus. It has been a brand of Penske Media Corporation since 2009. History ''Deadline'' was founded by Nikki Finke, who began writing an '' LA Weekly'' column series called ''Deadline Hollywood'' in June 2002. She began the ''Deadline Hollywood Daily'' (DHD) blog in March 2006 as an online version of her column. She officially launched it as an entertainment trade website in 2006. The site became one of Hollywood's most followed websites by 2009. In 2009, Finke sold ''Deadline'' to Penske Media Corporation (then Mail.com Media) for a low-seven-figure sum. Finke was also given a five-year-plus employment contract reported by the ''Los Angeles Times'' as being worth "millions of dollars", as well as pa ...
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