Aviva Investors appoints Iain Forrester as Global Head of Buy-and-Maintain Credit

(London) – Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), has announced the appointments of Iain Forrester to the newly-created position of Global Head of Buy-and-Maintain Credit and Cyril Martin to the newly-created position of Head of Investment Solutions Strategy and Design.

Reporting to Colin Purdie, Chief Investment Officer, Credit, Iain will be responsible for further developing Aviva Investors’ global Buy-and-Maintain capabilities for institutional clients. The team seeks to deliver superior client outcomes through robust portfolio construction and an active investment approach, with environmental, social and governance considerations integrated throughout the investment process.

Iain joined Aviva Investors in August 2017, and most recently held the role of Head of Insurance and Pensions Solutions. Prior to joining Aviva Investors, Iain worked at Standard Life, where he held senior leadership roles focused on investment strategy and asset-liability management.

The Buy-and-Maintain team has been further strengthened by the appointments of Sid Bhattacharyya as Senior Portfolio Manager and Craig Adam as Assistant Portfolio Manager. It is also looking to appoint two additional Portfolio Managers in London and Chicago.

Sid and Craig will be based in London and report to Iain. Sid has over 15 years’ industry experience and joins after over 12 years at Deutsche Asset Management, most recently as Senior Credit Portfolio Manager. Craig has over seven years’ experience in the investment industry, and previously held the role of Business Manager to the Chief Investment Officers for Credit, Equities and Multi-Asset and Macro at Aviva Investors.

Colin Purdie, CIO, Credit at Aviva Investors, said:

“Buy-and-Maintain credit is a core asset class for insurance companies, and pension funds are also increasing their allocations to similar, cashflow-matching strategies. Iain has extensive experience in constructing credit portfolios for these investor groups, as well as strong leadership skills. His appointment will allow us to build our franchise with Aviva and third-party clients, which I am confident will lead to the continued expansion of the platform.”

Cyril will be responsible for developing Aviva Investors’ solutions to Aviva and external insurance and pension scheme clients; working closely with colleagues in Global Client Solutions. Based in London, Cyril reports to Al Denholm, Chief Investment Officer, Solutions. He has over 16 years’ industry experience and joined Aviva Investors in July 2017, most recently holding the role of Head of Investment Solutions Design.

The Investment Solutions and Design team has been further strengthened with the addition of Michael Palframan as Investment Strategist. Based in London and reporting to Cyril, Michael joins after over seven years at BlackRock, where most recently he held the role of Vice President in the BlackRock Investment Institute, focusing on portfolio construction and capital market assumptions. The team is also looking to hire a Senior Insurance Strategist and two strategists in solutions design.

Al Denholm, CIO, Solutions, at Aviva Investors, said:

“Cyril’s appointment is well deserved. He has the technical expertise and commercial experience to deliver a range of bespoke solutions that meet the needs of sophisticated institutional clients, which is an area where we see significant opportunities.”

For more information contact:

A picture of James Morgan

James Morgan

Media Relations Manager

A picture of Steve Ainger

Steve Ainger

Media Relations Manager

A picture of Rob Davies

Rob Davies

Head of PR and Thought Leadership

Important Information:

The information and opinions contained in this document are for use by the financial press and media only. No reliance may be placed for any purpose on the information or opinions contained in this document nor should they be seen as advice. 

The press release is provided on the basis that Aviva Investors Global Services Limited is not causing the communication of a financial promotion under exemption of the Financial Promotion Order, as Aviva Investors Global Services Limited has no control over the way in which an article based on this press release is prepared and published by the financial press and media. 

Except where stated as otherwise, the source of all information is Aviva Investors Global Services Limited (“Aviva Investors”) as at 18 December 2019. Unless stated otherwise any views, opinions expressed are those of Aviva Investors. They should not be viewed as indicating any guarantee of return from an investment managed by Aviva Investors nor as advice of any nature.  The value of an investment and any income from it may go down as well as up and the investor may not get back the original amount invested. 

Issued by Aviva Investors Global Services Limited, registered in England No. 1151805.  Registered Office: St Helen's, 1 Undershaft, London, EC3P 3DQ   Authorised and regulated by the Financial Conduct Authority.

Aviva Investors

Aviva Investors is the global asset management business of Aviva plc. The business delivers investment management solutions, services and client-driven performance to clients worldwide. Aviva Investors operates in 14 countries in Asia Pacific, Europe, North America and the United Kingdom with assets under management of £346 billion in assets as at 30 June 2019.

AVIVA PLC

Aviva provides life insurance, general insurance, health insurance and asset management to 33 million customers.

In the UK we are the leading insurer serving one in every four households and have strong businesses in selected markets in Europe, Asia and Canada. Our shares are listed on the London Stock Exchange and we are a member of the FTSE100 index.  

Aviva’s asset management business, Aviva Investors, provides asset management services to both Aviva and external clients, and manages over £346 billion in assets (as at 30 June 2019). Total group assets under management at Aviva group are £501 billion (as at 30 June 2019).

Aviva helps people save for the future and manage the risks of everyday life; last year we paid £32.9 billion in claims and benefits on behalf of our 33 million customers.

By serving our customers well, we are building a business which is strong and sustainable, which our people are proud to work for, and which makes a positive contribution to society.

The Aviva newsroom at www.aviva.com/newsroom includes links to our image library, research reports and our news release archive.

For an introduction to what we do and how we do it, please click here