EdenTree
 | |
| Formerly | Ecclesiastical Investment Management |
|---|---|
| Type | Private limited company |
| Industry | Financial services |
| Founded | 1988 |
| Headquarters | , |
Number of locations | London, and Gloucester |
Area served | United Kingdom |
| Key people | Andy Clark (CEO), Charlie Thomas (CIO) |
| Products | Investment management |
| Owner | Benefact Group |
| Website | www |
EdenTree is a British investment management firm operating as a subsidiary of Ecclesiastical Insurance Group and wholly owned by Benefact Group.[1]
Although EdenTree is part of the Benefact Group, a charity-owned financial services group, EdenTree operates as an independent investment management business. It is not part of the Church of England and does not undertake charitable or ecclesiastical activities.[2]
History
[edit]Formerly known as Ecclesiastical Investment Management Limited, the firm launched its first UK ethical equity fund in 1988.[3]
It was rebranded EdenTree in 2015 as the word 'Ecclesiastical' was not thought to resonate with asset management and the company wanted to broaden its appeal beyond its traditional clergy investors.[4][5][6][7] As its former name suggests, EdenTree was started as a means for Church of England dioceses to build wealth to support their clergy. Its remit now extends beyond the Church of England to encompass wider charitable and ethical concerns.[8]
The senior fund manager said at the time of rebranding that being linked to the Church of England can be a “double-edged sword”, enticing for some investors but scary for others. “We have a number of Church of England dioceses that invest with us. But, equally, for some [investors] having a faith connotation can be a drawback.”[9]
In March 2022, Ecclesiastical Insurance Group rebranded as Benefact Group.[2]
See also
[edit]References
[edit]- ↑ "EdenTree's Round: We had to rebrand as 'Ecclesiastical' did not resonate in asset management". Investment Week. Retrieved 2018-05-18.
- 1 2 "EdenTree Investment Management's owner becomes Benefact Group". ETF Express. March 8, 2022.
- ↑ "EdenTree Investment Management". UK Sustainable Investment and Finance Association. Retrieved March 12, 2026.
- ↑ "EdenTree's Round". Investment Week. 8 October 2015. Retrieved 24 April 2017.
- ↑ "The woman who ditched 'dull' fashion for funds". Financial Times. Retrieved 24 April 2017.
- ↑ "Ecclesiastical to rebrand as EdenTree Investment Management". City Wire (Wealth Manager). Retrieved 24 April 2017.
- ↑ "It's the dawn of a new era in responsible investing". Ecclesiastical. Archived from the original on 25 April 2017. Retrieved 24 April 2017.
- ↑ "Ethical firms deliver bigger returns". The Telegraph. Retrieved 24 April 2017.
- ↑ "The woman who ditched 'dull' fashion for funds". Financial Times. 22 November 2015. Retrieved 24 April 2017.