Aviva Investors

Aviva Investors is to close its UK Special Situations fund after one of its managers, ex-Schroders UK equities head Richard Buxton, joined Old Mutual Global Investors.

The leader of a £1.5bn bid to take over 315 branches up for sale by Royal Bank of Scotland (RBS) has warned the lender it must take the offer seriously.

Aviva Investors has hired Sunita Kara from Baring Asset Management as portfolio manager for European high yield.

Aviva has reported a profit after tax of £776m for the first half of this year, turning around a £624m loss for the half year 2012, but said its funds business has seen outflows.

Aviva Investors has appointed Liam Spillane from Overlay Asset Management, formerly part of BNP Paribas Investment Partners, as emerging market debt currency portfolio manager.

Aviva Investors has split its multi-asset solutions portfolio management team into retail and institutional divisions in an effort to provide focused advice to each type of client.

As investors await the 'great rotation' into equities, Aviva Investors' head of multi-asset retail funds, Peter Fitzgerald, takes a look at what to expect from portfolios if bond markets were to sell off.

Aviva Investors has appointed John Misselbrook as interim CEO to replace Paul Abberley.

Mirabaud Asset Management has poached AXA Investment Management's Anu Narula to run a new global equity portfolio.

Justin Onuekwusi, former lead manager on Aviva Investors' multi-asset funds, is to join Legal & General.