GLOBAL - Aviva has revealed plans to combine its asset management businesses to create a globally integrated group to be known as Aviva Investors.
Alain Dromer, global CEO, Aviva Investors, commented: "Aviva Investors is all about capitalising on the strength of being part of the world's fifth-largest insurance group.
"In the future, we can broaden the range of our existing capabilities and invest to accelerate our growth."
Aviva Investors would create a global investment solutions team made up of existing management staff.
This team would specialise in a range of products covering quantitative, index, convertibles, asset allocation and structured products.
Small, local autonomous teams would concentrate on active portfolio management with property managed separately.
Dromer said: "Our decision to specialise and focus our investment teams satisfies the requirements of those clients who want to build portfolios themselves and those who expect us to devise new solutions for their needs."
The brand is expected to launch in September 2008.
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