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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 450 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 most recent and prior year statements may be found below:
Modern Slavery Statement for 2023
Modern Slavery Statement for 2022
Modern Slavery Statement for 2021
All figures are for the Wellington Management Group of companies as at 30 June 2024.
Wellington Management International Limited - UK Tax Strategy (Statutory UK Tax Disclosure*)
Wellington Management International Limited (the “Company”) operates as a responsible taxpayer and is committed to pay its fair share of tax in the UK and abroad.
Tax Governance & Risk Management
The Tax Services department, overseen by the Tax Director and Chief Financial Officer, is the supervisory body for the tax activities of the Company and the Wellington Management Group (the “Group”). 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. We manage tax risk in such a way as to ensure that key risk areas are monitored, and material risks are minimized. Where there is the potential for significant or complex tax risk, external advice may be sought.
The Company aims to make timely and accurate returns whilst, at the same time, recognising legislative incentives, reliefs, and exemptions, when they align with the Company’s commercial objectives.
Tax Planning
The Company does not engage in any form of aggressive tax planning. The Company will only engage in reasonable tax planning and the use of tax incentives that are both compliant with tax laws and aligned with the Company’s commercial and economic activity.
Consistent with the wider Group, 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.
Engaging with Relevant Authorities
The Company continues to engage with the relevant fiscal and regulatory authorities, including HMRC, in a professional, cooperative, and transparent manner.
If we discover instances of non-compliance in our tax affairs, we will seek to resolve them in accordance with the relevant laws and best practices of the matter at hand.
*The purpose of this statement is to satisfy the UK legislative requirement for publication of a tax strategy pursuant to Paragraph 19(2) of Schedule 19 of the Finance Act 2016. This strategy is reviewed on an annual basis and is approved by the Board of the Company.