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EdenTree Investment Management’s owner becomes Benefact Group

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EdenTree Investment Management writes that the new name and brand identity marks an ambitious new chapter for the charitable owned Group and its family of specialist businesses including EdenTree.  

Owned by a registered charity, Benefact Trust, Benefact Group exists to give its profits to good causes. The new name better reflects the Group’s diversity, breadth and purpose – it originates from the Latin terms ‘bene’ and ‘facio’ which means “to do well” by supporting a person or good cause, the firm writes.

Originally created to protect parish churches from fire, the Group has been in existence for over 130 years and has grown to become an international family of three divisions: insurance, investments, and broker and advisory, with operations in the UK, Ireland, Canada and Australia. It includes over 30 specialist financial businesses including Ecclesiastical Insurance, EdenTree Investment Management, SEIB, Lycetts and Lloyd & White brokers. EdenTree and all of the Group’s other trading brands will continue to operate under their own names, now proudly part of the Benefact Group.  

Benefact Group, which owns EdenTree, is the fourth-largest corporate donor to charity in the UK and has ambitious plans to give GBP250 million to good causes by 2025. All of the Group’s trading brands will operate to the same high ethical standards, united in a belief that better business can mean better lives, beyond business and out into our communities.  

The Benefact Group, formerly named Ecclesiastical Insurance Group, has given over GBP100million to good causes in recent years through various programs such as the Movement for Good awards, which accepts charitable nominations from both its customers and the wider public. It also gives a proportion of its profits to its charitable owner, the Benefact Trust, who help transform lives and communities.

The Group’s giving supports a wide range of causes across different sectors including education and skills, rural, heritage, arts, faith, climate change, animal and wildlife charities.

Mark Hews, Group Chief Executive at Benefact Group, says: “Benefact Group, the fourth largest corporate donor in the UK, is a very different financial services group. We are owned by a charity which means all our available profits can be given to good causes. As a company whose purpose is to contribute to the greater good of society, charitable giving is at the heart of what we do. I’m very proud of our new name which reflects our unique purpose, the breadth of our offering to our trading partners and marks an ambitious new chapter for the Group and our family of specialist businesses.” 
 
Andy Clark, Chief Executive Officer at EdenTree, says: “EdenTree is incredibly proud to be part of the Benefact Group and to support the Groups focus on charitable efforts to transform lives and communities.  Having an owner that places community at the centre of their purpose illustrates why EdenTree were and remain pioneers in responsible and sustainable investment for over 33 years.” 
 

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