Aviva hires Artemis' Wood for UK Growth fund

Aviva Investors has recruited Artemis UK hedge fund manager John Wood to run its UK Growth portfolio.

He replaces Chris Murphy on the fund and will also work developing the group's institutional UK equities business.

The one-time Deutsche Asset Management head of UK equities starts on 1 October, where he will work among a 12-member team which manages about £6bn.

Artemis Special Situations fund manager Derek Stuart has already assumed Wood's responsibility for the Hedge fund.

Aviva Investors head of UK Equities David Lis says: "We are looking forward to John making a significant contribution to the team as he is well known in the investment management industry.

"I am confident his expertise and experience will be a major asset within Aviva Investors' already successful offering in UK equities."