News
Aviva Investors hires new head of credit flow trading
01 September, 2009
Aviva Investors has appointed Dinesh Pawar as head of flow trading for credit, responsible for trade flow and execution within the credit team’s investment grade and high yield activities.
Dinesh joins Aviva Investors from Deutsche Bank where he had been Market Risk Manager, Capital Markets Traded Credit Products. Previously he has also worked for a proprietary credit trading team and for a credit hedge fund where he was involved in long - short trading. He reports to Mark Wauton, head of credit, Aviva Investors.
Mark Wauton said: “Since the credit bubble we have viewed credit as a changed asset class and in this new era managers will need to implement new techniques such as active trading and long - short position taking to source sustainable levels of alpha. In this context, we are delighted to welcome Dinesh to this new role at Aviva Investors. His proprietary and sell side trading background broadens our team’s skill set and adds to new capabilities regarding absolute returns strategies.
“Dinesh joining the Credit team widens our trading and technical experience and allows us to manage portfolios more effectively and efficiently to provide us with closer interface to the market to build upon sell side relationships to improve on knowledge of liquidity and the exploiting of market momentum.”
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For more information contact:
Allister Fowler
Corporate Affairs
Aviva Investors
Telephone: +44 (0)20 7809 8313
Notes to editors:
Aviva Investors
Aviva Investors is the global asset management business of Aviva plc, the world’s fifth-largest insurance group*. The company delivers investment management solutions, services and client-driven performance to clients worldwide. Aviva Investors operates in 15 countries in Asia Pacific, Europe, North America and the United Kingdom.
Aviva plc
Aviva is the world’s fifth largest insurance group*, serving 50 million customers across Europe, North America and Asia Pacific.
Aviva’s principal business activities are long-term savings, fund management and general insurance, with worldwide total sales of £24.4 billion for the six months to 30 June 2009 and funds under management of £352 billion at 30 June 2009, of which Aviva Investors manages £222 billion.
* Based on gross worldwide premiums for the year ended 31 December 2008
