Aviva Investors has further enhanced its real estate multi-manager capability with the announcement today that it has appointed Catriona Allen as fund manager, real estate multi-manager.
Aviva Investors has further enhanced its real estate multi-manager capability with the announcement today that it has appointed Catriona Allen as fund manager, real estate multi-manager.
Catriona joins from BlackRock Investment Management, where she was portfolio manager of the BlackRock UK Property Fund of Funds which transferred from BlackRock to Aviva Investors in late November along with the BlackRock European Property Fund of Funds.
Both funds have now been rebranded and are now known as the Aviva Investors UK Real Estate Fund of Funds and the Aviva Investors European Real Estate Fund of Funds respectively*.
Reporting to John Gellatly, head of real estate multi-manager (REMM) in Europe, Catriona’s responsibilities will include day to day management of both the Aviva Investors Fund of Funds, as well as providing broader UK and European real estate expertise to the multi-manager team.
Catriona began her career in 1995 at Investment Property Databank and was Senior Property Analyst at Alecta until 2005 working on their European portfolios.
Commenting, John Gellatly said: “Catriona’s appointment is the final piece in the successful transfer of BlackRock’s real estate Fund of Funds to Aviva Investors. She brings a wealth of real estate expertise and talent to the team, and her appointment completes a seamless transition to Aviva Investors.”
Further commenting, Nick Mansley, global director of multi-manager, said: ”With the transfer of the real estate fund of funds to Aviva Investors now complete, our focus turns to growing our Fund of Funds business as interest in the property sector returns alongside the broader multi-manager service. Catriona is an excellent addition to our team, and a strong complementary fit to the rest of the team led by John.”
Aviva Investors has significant and long-standing expertise in real estate investment. It manages £21 billion in real estate assets globally**. In turn Aviva Investors Real Estate Multi-Manager business, launched in 1997, manages £3.5 billion of indirect real estate on a global basis**.
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* The funds are unregulated collective investment schemes for the purpose of UK Financial Services and Markets Act. This communication is therefore directed only at those to whom the schemes can be promoted under the Act. As the funds are unregulated collective investment schemes all or most of the protections provided by the UK regulatory system do not apply and compensation under the Financial Services Compensation Scheme will not be available. The information within this communication should not be regarded as constituting an offer to invest.
** As at 30 June 2009.
For more information contact:
Allister Fowler
Corporate Affairs
Telephone: +44 (0)20 7809 8313
E-mail: allister.fowler@avivainvestors.com
Notes to editors:
Aviva Investors
Aviva Investors is the global asset management business of Aviva plc. 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