Our approach
We are focused on delivering the outcomes that matter to our clients. Our heritage gives us a deep understanding of the difficulties and constraints that insurers face. As the investment arm of Aviva plc, the UK’s largest insurer, we can trace our origins in the London insurance market back more than 300 years. We have been managing rules-based, risk-constrained insurance assets since 1972, and have comprehensive capabilities in liquid and illiquid markets.
Capabilities
A diverse range of strategies designed to meet long-term investment needs.
Applying the prudent person principle to Multi-Strategy Fixed Income
Capital preservation, predictable returns and diversification benefits have kept fixed income front of mind for insurers. This is unsurprising given the heavy regulatory demands and requirement to match liabilities they face. However, exceptional monetary policy measures have fundamentally changed the rules of the game – risk on traditional fixed income is rising.
Key risks
For further information on the risks and risk profiles of individuals strategies, please refer to the relevant documentation.
Iliquidity risk
Alternative Income assets are significantly less liquid than assets traded on public markets. Where funds are invested in infrastructure/real estate, investors may not be able to switch or cash in an investment when they want because infrastructure may not always be readily saleable. If this is the case, we may defer a request to redeem the investment.
Insurance team
Years of experience optimising insurance portfolios, bringing together knowledge from the insurance and asset management worlds.
Need more information?
For further information, please contact our investment sales team.
Awards
Independently recognised for skills in insurance asset management, helping clients meet target outcomes.
Our views
Real Assets
Building back better: The path to net zero
18 Jan 2021
While much of the world’s focus continues to be on tackling the COVID-19 pandemic, the climate crisis also requires urgent attention. The number of countries and companies supporting the move to a lower-carbon world is growing, but practical challenges remain. How can we build back better after COVID, and navigate to a cleaner, safer and sustainable world?
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Equities
Our annual letter to company chairpersons
15 Jan 2021
As part of our engagement efforts, every January we send a letter to the chairs of companies we invest in (and some we don’t, but still want to use our influence with) to set out our stewardship priorities for the year. Here, in full, is our 2021 letter.
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Real Assets
Hydrogen: Back to the future
18 Dec 2020
The UK is the latest country to accelerate plans to develop hydrogen as part of its push to reach net zero. But it is not the first time hydrogen has attracted attention – it has been trumpeted by the scientific community as a possible wonder fuel for around a century. So, what’s changed now?
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Equities
Issuance, support from equities and volatility: The outlook for convertible bonds in 2021
18 Dec 2020
Shawn Mato, convertible bond fund manager, picks three themes that could have a big say in how the asset class performs in 2021.
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Fixed income
Zombie revival, improving fundamentals and monetary policy: The outlook for high yield in 2021
17 Dec 2020
Kevin Mathews, Brent Finck and Sunita Kara, high yield portfolio managers at Aviva Investors, pick out three themes that will shape the asset class in 2021.
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Fixed income
Stimulus, M&A and US politics: The outlook for investment grade credit in 2021
17 Dec 2020
Mike Cho and Jonathan Manning, investment-grade portfolio managers at Aviva Investors, look at the themes that will shape the asset class in 2021.
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Real Assets
COVID recovery, net zero and policy: The outlook for UK infrastructure in 2021
16 Dec 2020
Darryl Murphy assesses the current state of the UK infrastructure market and the likely drivers of activity in 2021.
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Real Assets
Relative value, ‘normality’ and polarisation: The outlook for real estate in 2021
16 Dec 2020
Souad Cherfouh, head of real estate investment strategy, and Jonathan Bayfield, head of UK and Irish real estate research, look at three themes that could characterise the real estate market in 2021 and beyond.
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Real Assets
COVID, remote working and building back better: The stories that defined real assets in 2020
16 Dec 2020
We select some of our key pieces of content on real asset markets in a dramatic year.
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Real Assets
COVID, climate and Black Lives Matter: The stories that defined 2020
10 Dec 2020
We select some of our key pieces of content in a year of unending drama.
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Fixed income
Chemical compounds: The good, the bad and the ugly
9 Dec 2020
After decades of secrecy, light is increasingly being shone on the potentially hazardous compounds produced by chemical companies. In the latest instalment of our editorial series, Link, experts from Aviva Investors’ credit, equities and ESG teams discuss the prevalence of chemicals in modern life, and how to balance usefulness and safety.
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Real Assets
Navigating the path to net zero: An interview with Jill Rutter
12 Nov 2020
There is a large gulf between the concept of ‘net zero’ and the practical policies that will deliver it. Jill Rutter, senior fellow at the Institute for Government, takes a hard look at the UK’s progress towards the 2050 target.
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Fixed income
Sustainability in credit: Why ESG scores don’t tell the whole story
5 Nov 2020
ESG ratings are a helpful baseline to assess companies, but views on their ESG risks and opportunities can be honed – and sometimes corrected – through deeper research, trend analysis and meetings with company executives.
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Fixed income
US Election 2020: Expect the unexpected
29 Oct 2020
As the US presidential election looms, we explore potential scenarios – from a Democratic “blue sweep” to a Trump re-election to a divided government – and assess the implications for investors.
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Real Assets
Real assets and net zero: Now for the hard part
29 Oct 2020
There is no lack of willingness among investors in real assets to play their part in helping countries reach net zero by 2050. But much needs to change – and quickly, as Laurence Monnier explains.
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Fixed income
Global high yield: Stimulus fuels the march of the zombies
27 Oct 2020
Zombie companies are the talk of the town. Will they limp on forever, storing up potential trouble for investors’ portfolios, or can they revive and thrive after the COVID crisis?
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