Our independent Investment Advisory Committee meets three times a year. Its key function is to review the fund’s holdings and ensure that they meet with both the spirit and the letter of the fund’s sustainability criteria. If a holding is deemed inappropriate, the Committee can recommend that holding be sold. The committee also provides us with intelligence and a discussion forum on strategic developments in our themes.
Clare Brook, External Adviser
Clare is CEO of the Blue Marine Foundation. She was the founding partner of WHEB’s Listed Equities business and is one of the pioneers of sustainability investing with a 22 year track record of investing in the sector. She was Head of SRI at Aviva from 2000-2007 where she established the Sustainable Future range of funds. Aviva was awarded ‘Leading European Fund Management firm for SRI’ in 2003, 2004, 2006 and 2007. Clare previously was Head of SRI at Henderson, established the Global Care range of funds at NPI, and managed the Jupiter Ecology Fund.
Kelly Clark, External Adviser
Kelly Clark is the Director of the Finance Dialogue which works with investors, financial experts, NGOs and philanthropists to catalyse a substantial redirection of capital into the low carbon economy. Previously Kelly was a Director of the Tellus Mater Foundation, a private family foundation dedicated to sustainable capitalism. She is also the Managing Director of Marmanie Consulting, an impact investing advisory firm. Kelly serves as an advisor to Carbon Tracker and to the Stranded Asset programme at the Smith School of Enterprise and Environment, Oxford University. She is the impact investing advisor to the Friends Provident Foundation, and she holds Advisory Board seats with the Ashden Trust, Finance Matters, and The Environmental Funders Network (EFN) as well as WHEB.
Mike Clark, External Adviser
Mike Clark established Ario Advisory in 2016, a firm offering responsible investment advisory services. Mike has four decades of financial sector experience covering portfolio management, pensions, insurance, investment consulting, client relations and actuarial work. Most recently he was Director, Responsible Investment, at Russell Investments. Mike represents the UK actuarial profession on the Advisory Council of the Smith School’s Sustainable Finance Programme at the University of Oxford. He is particularly interested in how the financial sector can support the real economy.
Geoff Hall, Non Executive Chairman
Former Chief Investment Officer at Allianz Insurance PLC (formerly Cornhill Insurance), Geoff brings over 35 years of investment experience to the team, having managed portfolios for British Railways Pension Funds, HSBC Mutual Funds and Life Assurance funds amongst others. For the last 15 years he has personally managed UK portfolios investing in environmental and green issues.
Mark Lewis, External Adviser
Mark is the Global Head of Research at the Carbon Tracker Initiative, an independent financial think tank that analyses the impact of the energy transition on capital markets. Mark has over twenty years of experience as an analyst covering global energy and environmental markets. Before Carbon Tracker he was Head of European Utilities Research at Barclays and has also held research roles at Kepler Cheuvreux and Deutsche Bank. Since 2016, Mark has also been a member of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures.
Carole Ferguson, External Adviser
Carole Ferguson is Head of Investment Research at CDP. Carole leads a team of six analysts and is responsible for developing investor-focused analysis of the risks and opportunities facing companies as a consequence of climate change and other environmental issues. Before joining CDP, Carole worked on both the buy and sell side as an analyst and fund manager. At Société Générale Asset Management, she developed the firm’s responsible investment strategy and research capabilities. Carole has also worked as a resources, mining and utility analyst.