Aviva Investors

M&G's Tom Dobell has been upping his stake in the firm he described as formerly the "worst-run company" in the FTSE 100 in anticipation of a change of fortunes for the business.

Aviva Investors has confirmed the hire of Mark Versey, former chief investment officer at Friends Life, as director of client solutions.

Aviva Investors has sold its US equity investment management subsidiary River Road Asset Management in an effort to streamline its US business.

The Big Question

The "improper" allocation of trades in fixed income securities by two former employees cost Aviva Investors some £132m, it has announced.

As the latest figures from the IMA show Absolute Return funds have seen their highest retail sales for over four years, Standard Life Investments' phenomenally successful GARS fund is starting to face more competition from peers.

Chris Urwin, global research manager for real estate at Aviva Investors, has listed five reasons he expects UK real estate to outperform over the next two years.

Aviva Investors is winding down its £79m Property Investment fund as assets have shrunk to a point where "it is no longer optimal" to run.

Henderson Global Investors has appointed a former Goldman Sachs Asset Management sales manager to its UK retail sales team.

ON UK GROWTH