Aviva Investors

Aviva Investors is an investment management company and is part of the Aviva group. Founded in 1971 as Geoffrey Morley and Partners, the firm has undergone mergers and ownership changes as part of the Aviva group. The company has been active in infrastructure and renewable-energy investment, including biomass and wing projects.

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]

References

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