Aviva Investors has expanded its existing fixed income range with the launch of three new strategies to reflect an increasingly complex landscape – the Global Hybrid Bond, the Senior ABS Income and the Global Unconstrained Credit funds.
The Hybrid Bond fund provides enhanced income, the Senior ABS Income fund invests primarily in high-grade, liquid-backed securities, while the Unconstrained Credit fund is more flexible, investing across global credit markets.
The Aviva team argued the role of fixed income within portfolios has materially changed and is no longer just a defensive allocation alongside growth assets; they said it can now play a much greater role in client outcomes.
Fraser Lundie, global head of fixed income at Aviva Investors, said: “The fixed income marketplace has undergone vast change over recent decades, with the current landscape one of increased complexity, but also increased responsibility in terms of the role the asset class plays within broader asset allocations.
“It is therefore our duty to develop customised solutions that can provide clients with the resilient income that they are seeking from their fixed income exposure.”
See also: Aviva Investors bolsters Lundie’s fixed income team with credit hire
The Hybrid Bond fund is led by senior portfolio manager Justine Vroman, the senior ABS income fund is managed by Todd Cutting (head of enhanced liquidity), while Chris Higham, head of multi-sector credit, heads up the global Unconstrained Credit fund.
