The Church of England has appointed Vanessa Morphet as its first Head of Social Impact Investment, helping to shape the Church’s strategy and build relationships with key players in the social impact investing space. Morphet has served as the Head of Investment Models at the UK Government’s Inclusive Economy Unit since 2017, and has also held executive positions at Goldman Sachs, Arma Partners, and Wellington Management.
Anna Strömberg has been recruited as Head of Sustainability at Carnegie Fonder, and manager of its Tillväxt Sverige fund – Sweden's first Ecolabelled fund. Strömberg joins from Catella Fund Management, where she has been a fund and sustainability manager since 2016. She will continue to sit on the board of the Swedish Sustainable Investment Forum. David Östman will has also been moved from Carnegie Fonder’s Risk & Business Management unit, and will now conduct sustainability analysis for the firm.
The Children's Investment Fund Foundation has poached Greenpeace veteran Jasper Teulings, who will leave the NGO’s General Counsel after 16 years to become the fund’s Director of Climate Strategic Litigation in January.
Brunel Pension Partnership has announced Mark Mansley’s replacement, naming David Vickers – former Russell Investments Head of Multi-Asset for EMEA – as its new Chief Investment Officer. Mansley, who is a former heavyweight at the UK Environment Agency and a champion of ESG investing, left the pension pool in May, after three years. Prior to his position at Russell Investments, where he has been since 2013, Vickers was a Partner at Sarasin & Partners. RI recently reported that Brunel was facing questions over its governance following an exodus of senior staff.
M&G has launched a Stewardship and Sustainability Team, to be led by Rob Marshall, who has run its Credit Research and Global Research Equity and Credit teams since 2017. The new unit, composed of 13 specialists, will help develop M&G’s impact and ESG offering, as well as its plan to achieve Net Zero across its investment portfolios by 2050.
Schroders has named Susannah Nicklin, Alice Chapple, Michael Balfour and James Broderick as Directors of its Social Impact Trust. Chapple founded advisory firm Impact Value in 2012, while Nicklin is an ex- exec at Goldman Sachs, Alliance Bernstein and the Board of City of London Investment Group. Balfour is a non-executive director of Standard Life Investment Property Income Trust and Fidelity China Special Situations; and Broderick is a Director of the Impact Investing Institute and Trustee of Philanthropy Impact. The new Trust, which will be run by Big Society Capital and Schroders, will invest in private market impact funds and co-investments.
The Biden-Harris administration has officially selected John Kerry as the Special Presidential Envoy for Climate. The former Secretary of State under President Obama represented the US at COP26, signing the country up to the Paris Climate Accord in 2015.