Aviva Investors appoints David Cumming as Chief Investment Officer - Equities

(London) Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), today announces the appointment of David Cumming as Chief Investment Officer, Equities. David will join the company on January 2, 2018, and report to Euan Munro, Chief Executive Officer, Aviva Investors.

David will be responsible for leading Aviva Investors’ equity teams globally, which manage £69 billion of assets on behalf of Aviva and external clients.1

Previously, David was Head of Equities at Standard Life Investments (SLI) between 2010 and March 2017. He joined SLI in 1998 as an Investment Director, and was appointed Head of UK Equities in 2000. His career also includes positions at Morgan Grenfell Asset Management, Edinburgh Fund Managers and Royal London Mutual.

Chris Murphy, Global Head of Equities since January 2015, will continue to manage the Aviva Investors UK Equity Fund, the Aviva Investors UK Equity Income Fund and the Aviva Investors Distribution Fund.

Euan Munro, Chief Executive Officer, Aviva Investors, said:

“I am delighted to welcome David to Aviva Investors. He has strong leadership qualities and an excellent track record in running equity strategies that appeal to both institutional and wholesale clients. His arrival is a signal of our intent to invest in our equities business, which will strengthen our range of investment solutions for Aviva and external clients.

“I’d also like to thank Chris Murphy for his leadership of the Equities team over the past two years. I know Chris is now looking forward to focusing all his efforts on managing funds and delivering strong investment performance for our clients.”

David Cumming said:

“I am excited to join Aviva Investors, which has developed an excellent reputation for delivering solutions that meet specific client needs. I look forward to further developing its investment proposition across key equity asset classes and wider range of investment solutions.”

References

1 As of September 30, 2017

Notes to editors

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 11 December 2017. 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. Past performance does not indicate future results.

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 15 countries in Asia Pacific, Europe, North America and the United Kingdom with assets under management of £352 billion as at 30 September 2017.

Aviva plc

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