Our approach

We offer a range of pooled funds and bespoke solutions that provides investors with an off-balance sheet alternative to traditional short-term bank investments. Our solutions offer a way of diversifying across a wide range of high-quality instruments and issuers, while at the same time enhancing yield opportunities.

Although security of capital is always our primary concern, our active, diversified approach aims to maximise yield and deliver investors their required levels of liquidity.

Currently we manage over £41 billion for our liquidity clients (including our parent - Aviva plc - which gives us strong pedigree and experience in managing cash and fixed income investments).*

*Source: Aviva Investors, as at 30 June 2018. The figure refers to Liquidity funds in the UK and France.

Insurance Award

As a member since 2018, our Sterling Liquidity Fund, Sterling Government Liquidity Fund and EUR Liquidity Fund are all IMMFA Funds. Get familiar with the advantages here: www.immfa.org

New: US Dollar Liquidity Fund

An active, diversified approach to USD money market instruments, the newly launched  Aviva Investors US Dollar Liquidity Fund will sit alongside the existing range of sterling-and-euro liquidity strategies.

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Benefits

Our approach to capital preservation, yield and client service are what sets us apart.

Capital preservation

Security of capital is of utmost importance to clients. It is therefore imperative that we maintain a liquid and stable vehicle to deliver our internal and external clients' desired outcomes.

Yield

While stability is our primary goal, we aim to deliver competitive yields without diluting security of capital.

Client experience

Delivering exceptional client service is a major differentiating factor between money managers. We aim to deliver high levels of client servicing and manage the whole client experience with focus and attention to detail.

Key risks

For further information on the risks and risk profiles of our funds, please refer to the relevant KIID and Prospectus. 

This is not a guaranteed investment, an investment in a Money Market Fund is different from an investment in deposits and can fluctuate in price meaning you may not get back the original amount you invested. The risk of loss of the principal is to be borne by the investor.

Liquidity strategies

  Aviva Investors Sterling Government Liquidity Fund Aviva Investors Sterling Liquidity Fund
 Aviva Investors Sterling Liquidity Plus Fund

Aviva Investors

Euro Liquidity Fund

Aviva Investors

US Dollar Liquidity Fund
Rated* Aaa-mf (Moody's) and AAAm (S&P)
 Aaa-mf (Moody’s) and AAAm (S&P)
 AAAf (Fitch Ratings)  Aaa-mf (Moody’s)
 AAAmmf (Fitch Ratings) and Aaa-mf (Moody’s)
Aim To provide liquidity and security of government exposure
 To maximise current income consistent with the preservation of principal and liquidity
 To provide an investment return with low level of capital volatility whilst maintaining liquidity
 To maximise current income consistent with the preservation of principal and liquidity
 To maximise current income consistent with the preservation of principal and liquidity
Investment horizon 0-3 months
 0-3 months
 3-6 months
 0-3 months
 0-3 months
Min. investment restrictions Min. rating A2/P1 - Moody's repo cp. A/A-1 - S&P
 Min. rating A2/P1 - Moody's. A/A-1 - S&P
 Min. rating F2- Fitch
 Min. rating A2/P1 - Moody's
 Min. rating F1 –Fitch. A2/P1 – Moody’s
Max. weighted average maturity 60 days
 60 days
 365 days
 60 days
 60 days
Settlement Same day
 Same day
 T+2
 Same day
 Same day
Dealing cut-off 1pm (Irish time)
 1pm (Irish time)
 Sub- 1pm on dealing day (Irish time)
 12 noon (Irish time)
 1pm (Irish time)
Fund type Short-Term Low-Volatility Net Asset Value (LVNAV) Money Market Fund Short-Term Low-Volatility Net Asset Value (LVNAV) Money Market Fund Standard Variable Net Asset Value (VNAV) Ultra Short Duration Bond Fund Short-Term Variable Net Asset Value (VNAV) Money Market Fund Short-Term Low-Volatility Net Asset Value (LVNAV) Money Market Fund
* Credit ratings referred to in this document have been financed by the Money Market Fund.  

Latest thinking

Liquidity

Reasons to be cheerful: matching enhanced returns with liquidity and security

24 Mar 2020

In this interest rate environment, building a cash strategy that can offer liquidity can seem an extraordinary challenge.

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Liquidity

Collateral damage? Could a property crash derail the RMBS market?

9 Oct 2018

In the first of a series of articles, we assess how vulnerable securities backed by residential mortgages secured on owner-occupied homes are to a downturn in the UK housing market.

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Liquidity

Aviva Investors EU money market fund reform

14 Jun 2017

Regulation (EU) 2017/1131 of the European Parliament and of the Council of 14 June 2017 on money market funds.

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Explore all funds

Access key fund documentation and performance reports.

View Fund Centre

Liquidity team

Tony Callcott

Head of Pan-European Liquidity Client Solutions

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Beth Jones

Client Solutions Manager, Liquidity

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Scott Playle

Client Solutions Manager, Liquidity

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Julian Webb

Client Solutions Manager, Liquidity

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Sandrine Godere

Client Solutions Manager, Liquidity

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Caroline Hedges

Global Head of Liquidity Portfolio Management

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Richard Hallett

Head of UK Liquidity Portfolio Management

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Demi Angelaki

Senior Portfolio Manager

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Sophie Labigne

Liquidity Fund Manager

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Mhammed Belfaida

Junior Portfolio Manager

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Need more information?

For further information, please contact our investment sales team.

Contact us

Read more about the funds

Fixed income views

COVID-19 and a brief history of emerging market debt drawdowns

2 Apr 2020

COVID-19 is testing investors’ patience. A brief history of EMD drawdowns suggests why they should do nothing.

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The impact of COVID-19 on private debt

30 Mar 2020

Anxiety in public markets over the coronavirus will also test the resilience of private debt.

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Are investors too complacent about the coronavirus?

21 Feb 2020

In the latest of our editorial series, Link, AIQ brings members of Aviva Investors’ investment strategy, equity and debt teams together to discuss the prospects for financial markets and the world economy in the face of the coronavirus epidemic.

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Broadening global investment-grade horizons

20 Feb 2020

UK investors considering whether to allocate to global investment-grade credit may discover the broader diversification benefits can significantly improve a portfolio’s overall risk dynamics.

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Multi-asset allocation views: The pros and cons of higher-yielding fixed income

16 Jan 2020

Sunil Krishnan asks whether higher-yielding fixed income assets remain good diversifiers for multi-asset portfolios in the current environment.

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Reform: A route to resilience in emerging markets?

13 Jan 2020

Following a series of IMF meetings in Washington, D.C., Carmen Altenkirch and Dariusz Kedziora discuss their views on how reform prospects may shape emerging market debt.

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Climate risk for insurers

12 Dec 2019

Climate risk has become a critical business issue, but a recent consultation by the European Insurance and Occupational Pensions Authority highlights confusion on how to assess it.

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Global high yield in a sub-zero world

24 Sep 2019

In the strongest signal yet that central bank policies are upending the investment playbook, sub-zero conditions are extending to the high yield market for the first time. Sunita Kara, looks at the implications for investors.

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Three steps to improve the green bond market

11 Sep 2019

Green bonds can be a powerful tool for attracting investment in environmental projects, but reforms are needed to promote further growth of the market, argues Colin Purdie.

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Lagarde as ECB chief – independent but integrated?

22 Aug 2019

Christine Lagarde has been nominated to head the European Central Bank at a difficult time for monetary policy given growing fears of a recession in the euro zone. Despite much debate on her credentials, Stewart Robertson argues she is the right candidate for the job.

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As China soars, emerging market investors need a rethink

21 Aug 2019

With China set to dominate EM equity indices over the coming decades, investors need to adjust their approach to the asset class, argues Alistair Way.

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Italy’s threat to the euro has not gone away

30 Jul 2019

The Italian government remains on a collision course with Brussels despite recently striking a deal over its 2019 budget. A mis-step by either side could lead to a fresh euro zone crisis that the new head of the ECB might struggle to contain.

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Sovereign interests: ESG matters in emerging market debt

31 May 2019

The emerging market debt universe offers investors an expanding pool of opportunities that may be better assessed when integrating environmental, social and governance factors.

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Degrees of separation: Re-examining the relationship between EMD and the dollar

7 May 2019

Old assumptions on the traditional link between emerging market debt and the greenback are being challenged, writes Liam Spillane.

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The EM framing fallacy: Emerging market debt and the trials of a misunderstood asset class

7 May 2019

How we frame things deeply affects how we process information and subsequently act on it. So much so that, despite convincing evidence to the contrary, it can be extremely hard to shake off a fabled preconception. It seems that once a label sticks it can be very hard to dislodge.

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Trading places: Southeast Asia seizes opportunities amid US-china spat

14 Mar 2019

Trade wars have disrupted supply chains and weighed on stock performance in emerging markets. But as manufacturing companies shift production away from China to evade tariffs, some of its neighbours are thriving.

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This investment does not rely on external support for guaranteeing liquidity or stabilising the NAV per unit or share.