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Ted Duffy
- Head of WMIL & Dir of Inv, EMEA
- London
Wellington Homepage
ChangeAbout this office
Wellington Management International Ltd conducts portfolio management and research, and supports clients in countries in the UK, Europe, the Middle East, and Africa. Our clients include pension plans, insurance companies, sovereign institutions, charities and foundations, private banks and retail banks, family offices, and other institutions. Assets under management are invested across a broad range of equity, fixed income, multi-asset, and other investment approaches; clients invest via separate accounts or commingled vehicles.
Our office in London opened in 1983. Today, we have more than 300 staff members, representing more than a dozen nationalities and speaking a wide range of languages. Portfolio management, research, product management, relationship management, business development, consultant relations, and many other functional areas are represented.
If you are interested in a position in London, please see the Careers section.
Head of Office
Address
Wellington Management International Ltd
Cardinal Place
80 Victoria Street
London
SW1E 5JL
Telephone
+44(0)20-7126-6000
RESPONSE TO THE MODERN SLAVERY ACT 2015
The Modern Slavery Act 2015 (MSA) became law in March 2015 and is designed to tackle slavery in the UK. It consolidates previous legislation related to slavery, servitude, forced or compulsory labour and human trafficking and incorporates provisions relating to transparency in the supply chain. These provisions set out obligations for certain organisations to publish a statement relating to slavery and human trafficking in the previous financial year. Our statement for 2020 – 2021 may be found here.
STATUTORY UK TAX DISCLOSURE
Wellington Management International Limited and its branches (the “Company”) pay their fair share of tax in the UK and the jurisdictions in which they carry out their business. The Company’s primary objective from a tax perspective is to be compliant with the letter and the spirit of all relevant tax laws, regulations and reporting requirements in these jurisdictions. This includes making timely and accurate returns whilst, at the same time, recognising legislative concessions, reliefs and exemptions (when aligned with their intended policy objectives and the Company’s business or operational objectives). Such concessions, reliefs and exemptions may not be utilised where there is significant reputational risk or significant risk of damaging our relationship with the relevant fiscal or regulatory authorities. We will only engage in reasonable tax planning that is aligned with the Company’s commercial and economic activity. The Company’s intention is to pay an appropriate amount of tax according to where value is created within the normal course of commercial activity. Our approach to transfer pricing follows the appropriate OECD “arm’s length” principle. If we discover instances of non-compliance in our tax affairs we seek to resolve them with the appropriate tax authority as soon as is reasonably possible. The Board of the Company approves the Company’s tax strategy. From an operational perspective, the Tax Services department, overseen by the Tax Director and Chief Financial Officer, is the supervisory body for the Wellington Management Group’s, and therefore the Company’s, tax activities. We manage tax risk in such a way as to ensure that key risk areas are monitored and material risks minimised.
In the UK, this material is provided by Wellington Management International Limited (WMIL), a firm authorized and regulated by the Financial Conduct Authority (FCA). This material is directed only at persons (Relevant Persons) who are classified as eligible counterparties or professional clients under the rules of the FCA. This material must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment service to which this material relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.
Registered Office: Cardinal Place, 80 Victoria Street, London SW1E 5JL.
All figures as of 30 September 2021