We are pleased to announce that, subject to regulatory approval, CCLA is being acquired by Jupiter Fund Management plc (Jupiter). CCLA will become part of Jupiter, retaining the CCLA branding, investment, and client service approach.
CCLA’s teams will continue to focus on delivering investment returns and outstanding client service to all CCLA clients regardless of their size. CCLA also retains its mission, its stewardship activities, and its drive to build a better world. At the same time however, CCLA stands to benefit from Jupiter’s strength and resources. Jupiter’s market-leading investment capabilities, including its 100-plus investment professionals, will add support to CCLA’s existing investment team and product range.
CCLA is excited about becoming a part of Jupiter as it secures our ability to serve the sectors we were established to support and to extend the reach of CCLA’s responsible investment approach to a wider audience both in the UK and overseas. CCLA remains committed to serving churches, charities and local authorities, and we look forward to continuing that mission with renewed ambition as part of the Jupiter family.
We knew from the outset we would only move ahead with a partnership if we could be certain of finding the right partner that was a good fit for our business. We are confident that being part of Jupiter will bolster our stability and will bring enhanced scale and capability to our organisation. It is an exciting development that will enable CCLA to continue to serve the clients we were established to serve 60 years ago, for many years to come. Our focus remains on delivering investment returns and outstanding client service to all CCLA clients while continuing our stewardship activities to build a better world.
Peter Hugh Smith, CCLA Chief Executive