Aviva Investors, affiliated asset manager to Aviva plc., marked one year since the integration of eight existent operations from across the globe under a single asset management business and has under custody total assets of €262bln, according to a press release of the company.
By the end of June, Aviva Investors was operating in 15 countries and had over 1,330 employees.
“In spite of launching effectively as a ‘start-up’ global asset management business during an unprecedented financial downturn, we have achieved many positive milestones,” said Alain Dormer, chief executive of Aviva Investors.
Aviva Investors’ milestones in the first year include: reshaping investment processes around globally scalable solutions and high alpha offerings as well as the first launch of a cross-border product – Aviva Investors Global Yield Bond Fund.
Aviva Investors also operates in the local investment fund market with four mutual and 2 closed-end funds that have around €10.2mln under custody.
In September 2007, Aviva acquired 99.82% of asset management company Certinvest and had €24mln under management and only four mutual funds.
Locally, key milestones of Aviva include the launch of closed-end fund specialized in investments in trade effects - Aviva Investors Leader - and the management of the market’s top performing fund over the last 12 months, Aviva Investors Orizon with a yield of 18.8%.
