Aviva Investors shuts AIMS Target Income fund as it focuses on Target Return strategy

Fund will close on 29 September

clock • 2 min read
Peter Fitzgerald's Target Income fund is closing
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Peter Fitzgerald's Target Income fund is closing

Aviva Investors has informed investors that it will close its Multi-Strategy Target Income fund after it has experienced significant outflows, Investment Week has learned.

The fund, run by Peter Fitzgerald and Ahmed Behdenna, has three investment objectives: to provide income, manage volatility and preserve capital. A letter to investors seen by Investment Week said "Whilst...

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