Aviva Investors, the global asset management business of Aviva plc, today marked the first year of integrating eight existing operations around the world into a single asset management business.
- Reshaping of investment processes around global solutions and high alpha offerings
- Third party and cross-border products and services launched
Aviva Investors, the global asset management business of Aviva plc, today marked the first year of integrating eight existing operations around the world into a single asset management business.
Aviva Investors today has 1,330 employees, operates in 15 countries and was managing £222 billion at the end of June 2009.*
Aviva Investors chief executive, Alain Dromer, said: “The integration of Aviva’s asset management companies from around the world and transformation into one global asset management business is a long journey that has started extremely well. In the most volatile market in decades we have maintained assets under management, developed cross-border activities and won significant third party mandates aided by our strong focus on risk awareness.
“Aviva Investors now has the capabilities and resources to deliver superior investment performance and service to our internal and third-party clients globally. Our aim is to be at the forefront of helping solve the world’s retirement needs by providing intelligent risk-aware investment solutions and products.
“Clients are at the heart of everything we do and, through this difficult year, we have focused on maintaining contact to keep them fully informed of the ever-changing market developments. In Aviva plc we have a strong parent that provides us with the long term perspective and the proven culture of risk management that are so essential to our clients.
“Most importantly we now have a large team of talented professionals, many of whom have joined during the past year; they share the vision and the ambition to contribute to building the future of asset management.
“Our strategy to better serve our clients with the benefits of operating globally is being tangibly realised and will continue to be a key focus for Aviva Investors. In spite of launching effectively as a ‘start-up’ global asset management business during an unprecedented financial downturn, we have achieved many positive milestones.”
Key Aviva Investors milestones in the first year include:
- Reshaping investment processes around globally scaleable solutions and high alpha offerings
- Growing cross border and third party sales – (first cross-border fund launch: the Aviva Investors Global High Yield Bond Fund – UK, Italy, Germany, Spain, France**)
- Continuing to attract the talent needed to lead a high performance culture, including the recent completion of appointments to the executive committee.
- Establishing a sales presence in the US and France to support third party sales and strengthening the Asia-Pacific sales presence.
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For more information contact:
Allister Fowler
Aviva Investors Corporate Affairs
Telephone: 020 7809 8318
E-mail: allister.fowler@avivainvestors.com
Notes to editors:
* Funds under management as at 30 June 2009
** The value of an investment in the Aviva Investors Global High Yield Bond Fund ("the fund") can go down as well as up and can fluctuate in response to changes in exchange rates. Investors may not get back the original amount invested.
The distribution and offering of shares in the fund may be restricted by law in certain jurisdictions. This document should not be taken as a recommendation or offer by anyone in any jurisdiction in which such an offer is not authorised or to any person to whom it is unlawful to make such an offer or solicitation.
Copies of the Full and Simplified Prospectus together with the Report and Accounts of the SICAV are available free of charge from Aviva Investors Global Services Limited, No 1 Poultry, London EC2R 8EJ or from Aviva Investors Luxembourg, 34 avenue de la Liberté, 4th floor, L-1930 Luxembourg. RCS Luxembourg B25708.
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