Aviva Investors

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

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