Asset classes
Aviva Investors Absolute TAA fund range
The ATAA strategy is managed by a London based Aviva Investors specialist Strategy and Multi Asset Funds team.
It has proven to be highly successful and has produced strong risk-adjusted returns, as demonstrated by the information ratio on the longest running overlay of 0.85* and has shown low correlations against the returns of traditional asset classes.
As a result of this, there was significant demand from our clients to access this strategy directly;
- because of the need for taking tactical asset allocation decisions around a strategic benchmark, and
- because the introduction of UCITS III allowed this strategy to be run within a pooled vehicle for the first time in January 2006
Since then the value of the Aviva Investors Absolute TAA Funds have grown to 648.19 m EUR (Aviva Investors Absolute TAA5 Fund size=130.54 m EUR)**, which in addition to the 50 bn GBP*** of multi-asset funds over which Aviva Investors already runs an ATAA overlay, has meant that Aviva Investors has achieved significant scale in this strategy.
Our investment team
Our fund managers gather information from a wide spectrum of sources and act together to get the best insights out of them.
Our process
Our process combines rigorous fundamental analysis with the skills of our experienced fund management team.
Our credentials
A blend of strengths characterise our long standing activity.
Share them with us.
Risk management
Risk models and optimisers are incorporated into the process to manage downside risk effectively and ensure that portfolios are optimal.
TAA practical applications
ATAA represents a flexible and dynamic building block for a range of institutional portfolios.
Our funds
information
ATAA funds are able to use a wide range of instruments to quickly take advantage of diverse opportunities with relatively low volatility.
* Source: Aviva Investors. Alpha composite performance gross of fees. Composite relates to a TAA overlay on a UK pooled pension fund (Q4’98-Q1’05) and a standalone GTAA mandate (Q2’05-Q4’07), Aviva Investors Absolute TAA Fund Q108 to Q409. Scaled to 1% p.a volatility and alpha target. (This information is provided for illustrative purposes only)
** Source: Aviva Investors as at 31 January 2010
*** As at 30 June 2009