Aviva Investors has proposed the closure of its Global Listed Real Estate Securities business, including the Global REIT fund run by Paul Van De Vaart, as it has "insufficient scale".
The group has placed all funds in the business under review, according to a note to clients, and said it is likely that desks in New York and London will be closed. However, Aviva also said it was re-focusing...
Joining global rates team
UK consumer discretionary sector
Failed to be "open and co-operative"
Issue raised by ESMA last week