One fixed income

In the last Bond Voyage edition of 2025, we examine the vast amounts of capital being deployed to build new high-capacity data centres and how the expenditure is being funded in the bond markets.

In 2024, we outlined our view on the most important public-policy interventions to unlock private investment in the low-carbon economy. In this update, we take stock of policy developments since, and look ahead to 2026 and beyond.

Our society, economies and financial systems are embedded in nature, not external to it. This paper sets out the actions we are taking to understand nature-related risks and opportunities to deliver outcomes that meet our clients’ needs, and to support nature-related global goals.

Discover why purposeful run-on is emerging as a credible alternative to buyout for well-funded defined benefit (DB) pension schemes – and how it can unlock long-term value while keeping clients' needs at the centre.

Significant shifts in the defined benefit (DB) pension schemes landscape mean that as schemes mature, trustees and sponsors now face a broader spectrum of strategic choices. We explain why the choice between buyout and run-on is no longer binary.

Market and economic trends are challenging the idea that emerging market (EM) bonds should trade at a discount to developed economy debt.

Global equity income portfolio manager Richard Saldanha explains why investors need to tune out the endless stream of headlines to focus on what's within their control.

Having crunched the data, our private markets research team looks at how evolving macro conditions are impacting private debt returns.

This month’s Bond Voyage looks at the Bulk Purchase Annuity (BPA) market in the UK – the quiet market making loud moves.

Financial flows shall be “consistent with low greenhouse-gas emissions and climate-resilient development”, according to Article 2.1.c of the Paris Agreement. Yet most finance continues to flow to business as usual. How can this change?

In this article, the first of a two‑part series, members of our liquidity team explore cash trends in a rapidly evolving financial landscape for corporate treasurers.

In the third of our global equity sector hub discussions, Joanna Tucka, healthcare sector hub lead, and Richard Saldanha, global equity portfolio manager, explore why all is not doom and gloom in healthcare.

In this month’s Bond Voyage, we introduce SHIELD – the downside protection framework used by our fixed income division. SHIELD is designed to ensure our portfolios remain resilient in challenging market conditions while maintaining capital efficiency.

Asset-based finance is capturing the attention of institutional investors – from pension schemes to insurers – thanks to its diverse risk-return drivers and its growing role as a strategic building block in investors’ portfolios.

In this article Viktor Dietrich, Research Director for infrastructure, venture capital and natural capital, revisits the case for investing in European infrastructure equity. He suggests reasons why small-to-mid-sized opportunities should feature prominently on investors’ radar.

Holistic stewardship across corporates, value chains, and sovereigns is essential to shaping viable, investable climate transitions. But its focus must now move beyond targets to the real-world delivery needed to make those targets achievable.

Amro Partners and Aviva Investors, the global asset management business of Aviva plc, have announced a new joint venture partnership and launch of a dedicated platform focused on investment into purpose-built student accommodation (PBSA) across Germany.

(London) – Aviva Investors, the global asset management business of Aviva plc, announces it has completed an investment into the European Battery Energy Storage System (‘BESS’) market, through an  investment with Terra One Climate Solutions (‘Terra One’), a vertically-integrated battery storage developer and operator based in Germany, worth up to €150 million.

(London) – Aviva Investors, the global asset management business of Aviva plc, announces two senior hires to its Global Equities team.

(London) – Aviva Investors, the global asset management business of Aviva plc, has announced two new appointments representing the latest in a number of senior, strategic additions to the firm’s Global Fixed Income team. Anna Chong joins as a Sector Lead, whilst Michalis Ditsas joins as a Senior Investment Director; both based in London.

(London) – Aviva Investors, the global asset management business of Aviva plc, announces it has appointed David Thomas as Global Head of Insurance.

(London) – Aviva Investors, the global asset management business of Aviva plc, announces it has completed the purchase of New Broad Street House in the City of London, acquiring the remaining stake in the building via its Real Estate Active Long Term Asset Fund (‘REALTAF’).

(London) – Aviva Investors, the global asset management business of Aviva plc, announces it has appointed Sam Postlethwaite to the newly-created role of Head of Global Consultant Relations.

(London) – Almost three-quarters (73 per cent) of global institutional investors expect Private Markets investments to outperform Public Markets over the next five years, according to the seventh Private Markets Study published by Aviva Investors.

(London) – Aviva Investors, the asset manager of the Aviva Group (‘Aviva’) has appointed Duane Green as CEO, Canada (subject to regulatory approval) and Head of Americas Distribution. He will be based in Toronto and will report to Jill Barber, Chief Distribution Officer, at Aviva Investors. In this new role, Duane will be lead the Distribution team based in Canada and be responsible for all business development and client relationships across the region.

(London) Aviva Investors, the global asset management business of (London) Aviva Investors, the global asset management business of Aviva PLC (‘Aviva’), has announced the appointment of Fabrice Pellous as co-Head of Global High Yield. 

(London) – Aviva Investors, the global asset management business of Aviva plc, announces it has appointed Heather Brown as Head of EMEA Institutional Client Relationship Management.

(London) Aviva Investors, the global asset management business of Aviva PLC (‘Aviva’), has announced the appointment of Gita Bal as Head of Fixed Income Research. 

(London) – Aviva Investors, the global asset management business of Aviva plc, announces it has appointed Steven Gardner as Head of Institutional, EMEA.

(London) Aviva Investors, the global asset manager of the Aviva Group, has announced the appointment of Fraser Lundie as Global Head of Fixed Income. In this new role based in London, he will report to Chief Investment Officer Daniel McHugh and will have overall responsibility for the global rates, investment grade, high yield, emerging market debt and global liquidity teams.

(London) Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces the appointment of Cheryl Agius as Non-Executive Director (NED) and Chair of Aviva Investors Holdings Limited.

(London) – Aviva Investors, the global asset management business of Aviva plc, announces it has appointed Kunal Kothari to its UK Equity team as Co-Portfolio Manager, UK Equity Income.  Based in London, Kunal joins the business on February 19, 2024, and will report to Trevor Green, Head of UK Equities.