Morley Fund Management (‘Morley’) has won the ‘Sustainable and Ethical Investment and Asset Management Award’ at The Liveable City Awards.
Morley Fund Management (‘Morley’) has won the ‘Sustainable and Ethical Investment and Asset Management Award’ at The Liveable City Awards.
The awards were presented by the Chief Commoner, Jonathan Charkham, on 20 February 2002 in the City of London in recognition of outstanding achievement in environmental protection by City businesses.
The Liveable City Awards were established by a consortium of organisations including the Corporation of London, The Sustainable City Forum and some of the City’s leading Livery Companies.
Morley’s entry was based around four main achievements:
- One of the largest dedicated Socially Responsible Investment (SRI) teams in the UK providing a range of retail and pension funds.
- A Corporate Governance Voting Policy that requires companies to disclose their policy on social and environmental issues.
- The launch of the UK’s first institutional property regeneration fund – the IGLOO Regeneration Partnership.
- Their belief in Positive Engagement with the companies that they invest in to influence them to improve their social and environmental performance.
Commenting on the award, Paul Moody, Head of Business Development – SRI at Morley Fund Management, said: “We are delighted to win this award and to be recognised for our achievements over the last year. Morley has made great steps towards establishing ourselves as the leading provider of SRI in Europe, through our SRI fund range, Corporate Governance Policy and our engagement with companies to ensure best practice.”
Commenting on Morley’s application, Steven Lines, Chairman of the Sustainable City Forum Property Sub-Group, said: "This was a strong entry from one of the leading firms in this field. Morley have one of the largest Socially Responsible Investment teams in the country and have tried to integrate sustainability into their mainstream analysis of companies. They are also actively engaged in Corporate engagement programmes through which they try to improve the performance of companies in which they invest."
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For further information please contact:
Vicki Rhind, Communications 020 7809 6128 Paul Moody, Head of Business Development – SRI 020 7809 6197
Notes to Editors
Morley’s SRI Team
Led by Clare Brook, the socially responsible investment team is one of the largest, the most experienced in the UK.
Clare and her colleagues have been working together for nearly a decade. In this time, they have grown in reputation and status. Team members are frequently asked for advice by companies, Non-Governmental Organisations (NGOs) and government departments. The team was involved with policy making for the new legislation that requires pension fund trustees to disclose their stance on social and environmental issues.
The team has a global perspective and a global reputation, having worked with investment consultants from around the world. Its research efforts focus on the world-wide activities of the companies in which it invests. Members are regularly asked to speak at overseas conferences on SRI issues.
Morley Fund Management
Morley Fund Management (‘Morley’) is an independently managed, London based, asset management business with over Ł105 billion under management. It has investment management operations in London, Tokyo and Singapore and an associate office in Boston*.
Morley is a wholly owned subsidiary of the CGNU Group and manages both institutional and retail funds under the Morley brand. It also acts as investment manager for a range of retail investment funds, marketed in the UK under the Norwich Union brand.
CGU plc and Norwich Union plc merged on 30 May 2000 to create CGNU plc, the UK’s largest insurance group and one of the top-five insurers in Europe with substantial positions in other markets around the world, making it the world’s seventh largest insurer based on gross worldwide premiums.
*Norwich Union Investment Management, a CGNU Group company
Further information about Morley Fund Management can be found at www.morleyfm.com
Issued by Morley Fund Management Limited.
Morley Fund Management is a business name of Morley Fund Management Limited, registered in England No. 1151805 and Morley Investment Services Limited, registered in England No. 1973412. Both are members of the Norwich Union Marketing Group, members of which are regulated by the FSA for life assurance, pensions and investments. Morley Investment Services Limited is a member of the Investment Management Association. Registered Offices: No. 1 Poultry, London EC2R 8EJ. Both are CGNU Group companies.
For correspondence please contact us at Morley Fund Management, No. 1 Poultry, London EC2R 8EJ.