Lloyd Morrison
Encyclopedia
Hugh Richmond "Lloyd" Morrison, CNZM
(born 18 September 1957) is a Wellington
, New Zealand
-based investment banker
and entrepreneur
. He founded H.R.L. Morrison & Co
in 1988, and Morrison & Co launched the infrastructure company Infratil
in 1994.
In January 2009, Lloyd Morrison was diagnosed with leukemia
and took a leave of absence from his various business roles to undergo treatment.
Morrison formed H. R. L. Morrison & Co in 1988 offering a broad range of investment advisory services across sectors. In the early 1990s Morrison & Co narrowed its focus to infrastructure as major privatizations took place in Australia and New Zealand. Morrison & Co was an active investor and adviser in privatizations of Australasian airports, ports and energy businesses. In 1994 Morrison launched Infratil
one of the world's first listed infrastructure funds with Morrison & Co retained as the Manager. Morrison & Co has offices in Brisbane, Sydney, Auckland and Hong Kong and in March 2006 was appointed to a global infrastructure mandate by the New Zealand Superannuation Fund. In 2009, Morrison & Co launched of the Public Infrastructure Partnership Fund (PIP Fund), New Zealand's first fund dedicated to investing in PPPs.
Lloyd Morrison was named New Zealand Executive of the Year by Deloitte/Management magazine in 2007. He was also named "Business Leader of the Year" by the New Zealand Herald in 2006.
In 2007 he was ranked 12th on the New Zealand Listener Power List
. He was made a companion of the New Zealand Order of Merit
for services to business in the New Year Honours announced on 31 December 2009.
In August 2011 the Morrison Index, the first investable index launched by NZX was launched. It is designed to
represent the strength and attractiveness of New Zealand’s listed infrastructure sector. The NZX release of February 2011 stated "NZX plans to name the indices after individuals who have made outstanding efforts to develop and advance the related sector. The Investable Infrastructure Index will be named after Lloyd Morrison CNZM, in recognition of his instrumental contribution to the New Zealand infrastructure sector at many levels, including an enormous impact on quality and efficiency, and in taking New Zealand infrastructure exports globally to Australia, the US and the UK."
In 2011 Lloyd was honoured by Wellington Businesses Gold Awards with a lifetime achievement award
and late November he was named Visionary Leader by Deloitte/Management magazine. " The Visionary Leader award honour roll contains the names of many of our legendary business figures, and Lloyd Morrison deserves his place alongside them.
From his successful battle to save the New Zealand Stock Exchange, to his patronage of the arts, and from his foundation of Infratil to his campaign for a new flag for New Zealand, Lloyd's depth of vision continues to shine through."
.
Morrison has been active in several high profile public campaigns. He launched a campaign
to change the Flag of New Zealand
in 2003, and in 2008 published a discussion document titled "A Measurable Goal for New Zealand" with the intent of identifying a common goal that all of New Zealand can support and aspire to.
Morrison is a trustee of Pure Advantage, the organization championing a move to a green growth economy for New Zealand to secure its share of the $6 trillion global opportunity that green growth promises by 2050.
In September 2011 it was annouced that Morrison was one of the consortium of local businessmen who had bought the Wellington Phoenix Football Club Wellington Phoenix FC
the only professional football team in New Zealand.
In early 2009 Morrison was diagnosed as having leukaemia.
New Zealand Order of Merit
The New Zealand Order of Merit is an order established in 1996 "for those persons who in any field of endeavour, have rendered meritorious service to the Crown and nation or who have become distinguished by their eminence, talents, contributions or other merits."The order includes five...
(born 18 September 1957) is a Wellington
Wellington
Wellington is the capital city and third most populous urban area of New Zealand, although it is likely to have surpassed Christchurch due to the exodus following the Canterbury Earthquake. It is at the southwestern tip of the North Island, between Cook Strait and the Rimutaka Range...
, New Zealand
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...
-based investment banker
Investment banking
An investment bank is a financial institution that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client's agent in the issuance of securities...
and entrepreneur
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
. He founded H.R.L. Morrison & Co
H. R. L. Morrison & Co
H.R.L. Morrison & Co is a specialist investment manager focusing primarily on infrastructure assets with offices in New Zealand, Australia and Hong Kong.-History:...
in 1988, and Morrison & Co launched the infrastructure company Infratil
Infratil
Infratil Limited is a New Zealand-based infrastructure investment company. It owns several airports, electricity generators and retailers, and a public transport business, with operations in New Zealand, Australia and Europe. Infratil was founded by Lloyd Morrison, a Wellington-based merchant...
in 1994.
In January 2009, Lloyd Morrison was diagnosed with leukemia
Leukemia
Leukemia or leukaemia is a type of cancer of the blood or bone marrow characterized by an abnormal increase of immature white blood cells called "blasts". Leukemia is a broad term covering a spectrum of diseases...
and took a leave of absence from his various business roles to undergo treatment.
Business
Morrison's career began in the early 1980s as an investment analyst with Jarden & Co (now First NZ Capital) and later as a partner of O'Connor Grieve & Co. He became executive Chairman of OmniCorp, a New Zealand listed investment company based in London in 1985, the company was sold in 1988.Morrison formed H. R. L. Morrison & Co in 1988 offering a broad range of investment advisory services across sectors. In the early 1990s Morrison & Co narrowed its focus to infrastructure as major privatizations took place in Australia and New Zealand. Morrison & Co was an active investor and adviser in privatizations of Australasian airports, ports and energy businesses. In 1994 Morrison launched Infratil
Infratil
Infratil Limited is a New Zealand-based infrastructure investment company. It owns several airports, electricity generators and retailers, and a public transport business, with operations in New Zealand, Australia and Europe. Infratil was founded by Lloyd Morrison, a Wellington-based merchant...
one of the world's first listed infrastructure funds with Morrison & Co retained as the Manager. Morrison & Co has offices in Brisbane, Sydney, Auckland and Hong Kong and in March 2006 was appointed to a global infrastructure mandate by the New Zealand Superannuation Fund. In 2009, Morrison & Co launched of the Public Infrastructure Partnership Fund (PIP Fund), New Zealand's first fund dedicated to investing in PPPs.
Lloyd Morrison was named New Zealand Executive of the Year by Deloitte/Management magazine in 2007. He was also named "Business Leader of the Year" by the New Zealand Herald in 2006.
In 2007 he was ranked 12th on the New Zealand Listener Power List
New Zealand Listener Power List
The New Zealand Listener Power List is a list of the most powerful people in New Zealand, compiled annually by the New Zealand Listener from 2004 to 2009. From 2004 to 2007, the list covered the 50 most powerful people without separating them by field...
. He was made a companion of the New Zealand Order of Merit
New Zealand Order of Merit
The New Zealand Order of Merit is an order established in 1996 "for those persons who in any field of endeavour, have rendered meritorious service to the Crown and nation or who have become distinguished by their eminence, talents, contributions or other merits."The order includes five...
for services to business in the New Year Honours announced on 31 December 2009.
In August 2011 the Morrison Index, the first investable index launched by NZX was launched. It is designed to
represent the strength and attractiveness of New Zealand’s listed infrastructure sector. The NZX release of February 2011 stated "NZX plans to name the indices after individuals who have made outstanding efforts to develop and advance the related sector. The Investable Infrastructure Index will be named after Lloyd Morrison CNZM, in recognition of his instrumental contribution to the New Zealand infrastructure sector at many levels, including an enormous impact on quality and efficiency, and in taking New Zealand infrastructure exports globally to Australia, the US and the UK."
In 2011 Lloyd was honoured by Wellington Businesses Gold Awards with a lifetime achievement award
and late November he was named Visionary Leader by Deloitte/Management magazine. " The Visionary Leader award honour roll contains the names of many of our legendary business figures, and Lloyd Morrison deserves his place alongside them.
From his successful battle to save the New Zealand Stock Exchange, to his patronage of the arts, and from his foundation of Infratil to his campaign for a new flag for New Zealand, Lloyd's depth of vision continues to shine through."
Directorships
- OmniCorp, Chairman 1985-1988
- Infratil Australia Limited 1995-2000
- Wellington Airport 1998-2007
- Port of TaurangaPort of TaurangaPort of Tauranga is the port of Tauranga, New Zealand, the largest port in the country in terms of total cargo volume, and the second largest in terms of container throughput. with Port of Tauranga Ltd being the company operating it...
1999-2005 - New Zealand Exchange, Deputy Chairman 2002-2005
- H.R.L. Morrison & Co, Chairman 1988- current
- TrustPowerTrustPowerTrustPower Limited is a New Zealand electricity generation and electricity retailing company, listed on the New Zealand stock exchange.TrustPower is New Zealand's fifth largest electricity generator and the fourth largest electricity retailer , serving 260,000 customers throughout New Zealand...
2002- 2010 - InfratilInfratilInfratil Limited is a New Zealand-based infrastructure investment company. It owns several airports, electricity generators and retailers, and a public transport business, with operations in New Zealand, Australia and Europe. Infratil was founded by Lloyd Morrison, a Wellington-based merchant...
2002- current - Infratil Airports Europe, 2004- current
- Auckland International AirportAuckland International AirportAuckland Airport is the largest and busiest airport in New Zealand with over 13 million passengers a year, expected to more than double by 2025...
2007- current - Fisher Funds Management 2008- current
Other
Morrison is an active supporter of the arts in New Zealand. He founded the HRL Morrison Music Trust in 1995 as a vehicle to support and promote New Zealand’s finest musicians and composers, with a special emphasis on the production and marketing of recordings through its record label, Trust Records. He is a former trustee of the Chamber Music NZ Foundation and a former director of the New Zealand Symphony OrchestraNew Zealand Symphony Orchestra
The New Zealand Symphony Orchestra is the national orchestra of New Zealand. It is a crown entity owned by the Government of New Zealand, with 90 full-time players....
.
Morrison has been active in several high profile public campaigns. He launched a campaign
NZ Flag.com Trust
The NZ Flag.com Trust was established in 2003 by Wellington businessman Lloyd Morrison with purpose of encouraging New Zealanders to change the Flag of New Zealand, and frequently comments on the New Zealand flag debate....
to change the Flag of New Zealand
Flag of New Zealand
The flag of New Zealand is a defaced Blue Ensign with the Union Flag in the canton, and four red stars with white borders to the right. The stars represent the constellation of Crux, the Southern Cross....
in 2003, and in 2008 published a discussion document titled "A Measurable Goal for New Zealand" with the intent of identifying a common goal that all of New Zealand can support and aspire to.
Morrison is a trustee of Pure Advantage, the organization championing a move to a green growth economy for New Zealand to secure its share of the $6 trillion global opportunity that green growth promises by 2050.
In September 2011 it was annouced that Morrison was one of the consortium of local businessmen who had bought the Wellington Phoenix Football Club Wellington Phoenix FC
Wellington Phoenix FC
Wellington Phoenix Football Club is a professional association football club based in Wellington, New Zealand. The club competes in the Football Federation of Australia A-League. Ricki Herbert has been the coach since the club's inception to the A-League in July 2007. The current club captain is...
the only professional football team in New Zealand.
In early 2009 Morrison was diagnosed as having leukaemia.