Aviva Investors

Scottish Widows Investment Partnership (SWIP) has switched pricing on its £2.5bn Property trust from a mid- to an offer-price basis after a surged in inflows.

Aviva Investors has hired Mark Versey, chief investment officer at Friends Life, as its new director of client solutions.

Aviva Investors is to cut 6% of its workforce around the globe as part of parent company Aviva Group's major cost-cutting plans.

THE BIG QUESTION

Peter Fitzgerald, head of multi-asset retail funds at Aviva Investors, has named five hidden gem funds that add value to his portfolios, and which cannot otherwise be easily accessed by retail investors.

TwentyFour Asset Management has been appointed to run a new fixed income credit mandate for Aviva Investors' multi-manager team.

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.