(London) – Aviva Investors, the global asset management business of Aviva plc, has announced it has expanded its fixed income product offering with the launch of a new Short Duration Global Credit Fund.
The new fund is the latest addition to Aviva Investors’ fixed income range, following on from the recent expansion of the firm’s offering that saw the launch of three new strategies: Global Hybrid Bond, Senior ABS Income, Global Unconstrained Credit.
The new strategy is designed to provide investors with exposure to global bond markets through a shorter-duration, actively managed approach. The Fund leverages the firm’s existing expertise in the global credit space and has been developed in response to demand for fixed income solutions that can support income generation, capital preservation and portfolio resilience in a more uncertain market environment.
The strategy combines a high-quality investment-grade core with flexibility to allocate selectively across areas including government bonds, asset-backed securities, high yield bonds and emerging markets.
The new Fund will be led by Justine Vroman, Senior Portfolio Manager, who has significant experience in managing short duration bond strategies. The Fund will also be informed by the fixed income matrix pods framework that enables the team to share ideas and gain macro credit insights, maximising the usage of talent from across the wider team.
The strategy will launch with an investment of $230m from the Aviva Investors Multi-Asset team, reflecting our increasingly strong partnership and our shared focus on co-creating investment solutions for clients.
Fraser Lundie, Global Head of Fixed Income at Aviva Investors, said:
“We’re excited to bring this new strategy to the market, expanding on our existing product offering to clients. We believe the current environment has strengthened the case for short duration credit. In this context, the Fund has been designed to help investors access the income potential available in global credit markets, while maintaining a disciplined approach to risk.
“We believe a global, actively managed approach to short duration credit can offer investors a practical way to put lower-risk fixed income allocations to work more efficiently. By making use of specialist expertise across global credit markets and maintaining the flexibility to allocate across a wide opportunity set, the strategy seeks to identify attractive risk-adjusted opportunities while helping investors build more resilient fixed income portfolios.”
