UK - Morley Fund Management's half-year profits slumped to £6m, a fall of £8m from last year.
The firm - part of Aviva, the rebranded CGNU - blamed a combination of ailing markets and reduced fees. The losses come despite Aviva’s assets under management rising to £214bn, up £6bn from the s...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
