Aviva Investors nabs ASI director for newly created distribution role

Talvinder Mann will join the fund group as UK head of wealth

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Aviva Investors has appointed Talvinder Mann from Aberdeen Standard Investments to the newly created role of UK head of wealth for its wholesale division.

Mann (pictured) will be based in London, reporting to UK head of wholesale Apiramy Jeyarajah. He will be responsible for the strategic focus of Aviva Investors’ wealth business, driving a “client-centric” approach across new and existing UK and global wealth relationships, including banks, asset managers, discretionary wealth and strategic distributors.

Mann was previously director of global banks at ASI, where he was responsible for its distribution strategy and sales coverage in the UK and Switzerland.

Jeyarajah said:  “More than ever, clients are looking for trusted partners who understand their needs and can engage with them to deliver tailored investment solutions. We look forward to leveraging Talvinder’s entrepreneurial mindset, skills and expertise in supporting our client relationships.”

“Talvinder’s appointment reflects Aviva Investors’ ongoing commitment to further building our wholesale proposition and aligning our engagement model with the needs of our clients,” she added.

Aviva Investors has seen several notable departures this year, starting with CEO Euan Munro who left the firm to become the boss at Newton Investment Management. Mark Versey has been named as his successor.

Several managers from its infrastructure business, including team leader Ian Berry, have also defected to River and Mercantile.

See also: River and Mercantile raids Aviva Investors for debut infrastructure fund

Aviva’s 2020 preliminary results revealed a decline in operating profits of 11% for its investment arm, despite the wider group attracting £8.5bn of net flows. The company said that the lower revenues reflected “lower demand for alternative strategies as risk appetites reduced in response to Covid-19.”

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