aviva group negative swing of 1bn in profit
Aviva Investors reported a fall in its H1 profits of £4m contributing to an overall loss of nearly £700m by its parent company.
Aviva Investors reported a fall in its H1 profits of £4m contributing to an overall loss of nearly £700m by its parent company.
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A home has finally been found for Aviva Investors’ Sustainable and Responsible Investment team at Alliance Trust Investments following Aviva’s decision back in January to sell off that part of the business.
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Tomorrow, Aviva Investors will close its Absolute Tactical Asset Allocation range to new business.
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Aviva could close or sell off up to 15 businesses as part of a strategic review, according to reports.
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Despite the UK equity market giving up any gains it made in the first few months of the year, at the smaller end of the cap scale the need for growth makes many of them an attractive acquisition target.
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Aviva Investors has launched a Global Short Duration High Yield Bond Fund targeting institutional investors seeking less volatile, more consistent income.
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SWIP is among many fund houses moving towards global rather than UK investment propositions, a trend that more should be looking at and even more should be following.
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Aviva Investors has announced the appointment of Paul Abberley as interim chief executive following the departure of Alain Dromer at the start of April.
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Shauna Bevan has seen a trend of strategic bond managers upping their high yield allocations and takes a fresh look at the asset class
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Aviva’s CEO Andrew Moss has bowed to pressure from shareholders and stepped down with immediate effect, in a continuation of what is being dubbed the “shareholder spring”.
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Aviva Investors has confirmed its global head of products Jeremy Soutter has departed as part of an on-going restructure that has seen at least four investment casualties so far.
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John Clougherty is to leave his position as chief executive of Aviva Investors UK funds business.
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