Professional Pensions | 29 Sep 2008 | 12:34
Categories: Investment, Hedge Funds
Aviva has launched its global asset management business, Aviva Investors.
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The business combines existing businesses including Morley Fund Management in the UK and Aviva Capital Management in the US as well as eight other fund management subsidiaries (PP Online, February 28).
The combined business - which has 1100 employees in 21 locations – currently manages more than £235bn.
Aviva Investors will use its local teams to concentrate on generating alpha and high out-performance through active portfolio management in areas such as equity and fixed income investment and real estate.
It will also focus on managing capabilities requiring scale and a global outlook through a global investment solutions team. Products and multi-asset solutions include quantitative, index, asset allocation, multi-manager and structured products.
Aviva Investors chief executive Alain Dromer said: "Today marks the initial integration of our asset management companies and the start of the Aviva Investors transformation into a global investment powerhouse.
He added: "The exceptional tensions experienced in the past few weeks have highlighted the benefit of operating globally to service all our clients better. Aviva Investors will draw on the best of products and capabilities from around the world to deliver innovative services and investment performance to our internal and third-party clients."
Categories: Investment, Hedge Funds
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