EdenTree

EdenTree Investment Management
FormerlyEcclesiastical Investment Management
Company typePrivate limited company
IndustryFinancial services
Founded1988 (1988)
Headquarters,
Number of locations
London, and Gloucester
Area served
United Kingdom
Key people
Andy Clark (CEO), Charlie Thomas (CIO)
ProductsInvestment management
OwnerBenefact Group
Websitewww.edentreeim.com

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

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

References

  1. ^ "EdenTree's Round: We had to rebrand as 'Ecclesiastical' did not resonate in asset management". Investment Week. Retrieved 2018-05-18.
  2. ^ a b "EdenTree Investment Management's owner becomes Benefact Group". ETF Express. March 8, 2022.
  3. ^ "EdenTree Investment Management". UK Sustainable Investment and Finance Association. Retrieved March 12, 2026.
  4. ^ "EdenTree's Round". Investment Week. 8 October 2015. Retrieved 24 April 2017.
  5. ^ "The woman who ditched 'dull' fashion for funds". Financial Times. Retrieved 24 April 2017.
  6. ^ "Ecclesiastical to rebrand as EdenTree Investment Management". City Wire (Wealth Manager). Retrieved 24 April 2017.
  7. ^ "It's the dawn of a new era in responsible investing". Ecclesiastical. Archived from the original on 25 April 2017. Retrieved 24 April 2017.
  8. ^ "Ethical firms deliver bigger returns". The Telegraph. Retrieved 24 April 2017.
  9. ^ "The woman who ditched 'dull' fashion for funds". Financial Times. 22 November 2015. Retrieved 24 April 2017.