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...
Pair also on board of several other trusts
As the yen continues to strengthen, Invesco Perpetual's head of Japanese equities Paul Chesson asks if it is nearing the endgame for Japan or if the central bank could make yet another move to strengthen the country’s stalled economy.
Aims to deliver an 'index-like experience'
Cental banks' credibility could be called into question
Three investment managers appointed