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 £59 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 2020. The figure refers to Liquidity funds in the UK and France.
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
Asset-backed securities: A unique opportunity for liquidity products
Unfairly cast as a pariah after the financial crisis, asset-backed securities have shown their true mettle during the COVID-19 pandemic. Investors in liquidity products should take note.
Our approach to capital preservation, yield and client service are what set us apart.
Enhancing cash yields in times of crisis
Money market funds can play an important role in helping investors manage capital and liquidity during stressed market conditions, but their potential to provide yield should not be overlooked.
The value of an investment and any income from it can go down as well as up. Investors may not get back the original amount invested.
These funds invest in money market instruments such as short term bank debt, the market prices/value of which can rise as well as fall on a daily basis. Their values are affected by changes in interest rates, inflation and any decline in creditworthiness of the issuer.
These are not guaranteed investments, 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. These investments do not rely on external support for guaranteeing liquidity or stabilising the NAV per unit or share. The risk of loss of the principal is to be borne by the investor.
Aviva Investors US Dollar Liquidity Fund
Rated:* AAAmmf (Fitch Ratings) and Aaa-mf (Moody’s)
Aim: To maximise current income consistent with the preservation of principal and liquidity
Investment horizon: 0-3 months
Min. investment restrictions: Min. rating F1 –Fitch. A2/P1 – Moody’s
Max. weighted average maturity: 60 days
Settlement: Same day
Dealing cut-off: 1pm (Irish time)
Fund type: 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.
Our interactive fund centre is live
Explore our Liquidity funds, analyse performance data and access key investor information using our interactive fund centre.
The benefits of segregated mandates when creating liquidity solutions
15 Oct 2020
No two companies are the same when it comes to their cashflow and asset and liability matching needs. Those wanting a more customisable experience and full control over how they manage liquidity may find significant benefits from a segregated mandate.
Flattening the credit curve: A closer look at short-dated assets
28 May 2020
There are few areas of life that COVID-19 hasn’t impacted and credit markets are no exception. Mhammed Belfaida explains how the flattening of credit curves has revealed a surprising anomaly.
ESG: Long-term thinking can add value to short-term investments
1 May 2020
While ‘ESG’ was becoming a buzzword in long-term holdings, environmental, social and governance (ESG) factors remained largely irrelevant for short-term investments such as liquidity. Yet as the concept has gained familiarity, investors have realised ESG factors can impact performance in the short as well as the long run.
Achieving the right results in a changing world
31 Mar 2020
The regulators have had their say and the money markets have been refreshed. Caroline Hedges, Global Head of Liquidity Portfolio Management, explores how change has seen some welcome outcomes.
Reasons to be cheerful: Matching enhanced returns with liquidity and security
24 Mar 2020
In today’s ‘lower for longer’ interest rate environment, building a cash strategy that can offer investors an enhanced return, capital preservation and liquidity seems like an extraordinary challenge. Caroline Hedges, Global Head of Liquidity Portfolio Management, and Tony Callcott, Head of Pan-European Liquidity Client Solutions, have good news.
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.
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.
Global Head of Liquidity Client Solutions
Sales Director, Liquidity – Financial Institutions
Sales Director, Liquidity - UK Corporates
Sales Director, Liquidity – Europe
Client Solutions Manager, Liquidity
Global Head of Liquidity Portfolio Management
Head of UK Liquidity Portfolio Management
Senior Portfolio Manager
Liquidity Fund Manager
Junior Portfolio Manager, Liquidity
Portfolio Manager, Liquidity
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Read more about the funds
- PDF 89.3 KB 1 page
Aviva Investors Liquidity Funds - Statement of excess reportable income - 31 March 2020
- PDF 734.1 KB 149 pages
Prospectus- 07 January 2021
- PDF 124.5 KB 1 page
Prospectus addendum 07 January 2021
- PDF 149.0 KB 6 pages
Aviva Investors Liquidity Funds - Remuneration Policy
- PDF 248.2 KB 107 pages
Aviva Investors Liquidity Funds – Memorandum and Articles of Association
- PDF 2.0 MB 88 pages
Aviva Investors liquidity Funds - Annual Report and Financial Statements - 31 March 2020
- PDF 438.7 KB 48 pages
Aviva Investors Liquidity Funds – Semi-Annual Report and Unaudited Financial Statements – 30 September 2019
- PDF 833.3 KB 16 pages
Aviva Investors Liquidity Application Form
- PDF 168.8 KB 5 pages
What happens if GBP goes Negative?
- PDF 85.5 KB 2 pages
Aviva Investors Liquidity Funds - Fund Range
- PDF 5.5 MB 4 pages
Aviva Investors Liquidity Solutions Brochure
- PDF 772.1 KB 4 pages
Aviva Investors- EU Money Market Fund Reform
- PDF 214.2 KB 1 page
Aviva investors Liquidity Funds- US Dollar Fund Holidays
- PDF 71.9 KB 2 pages
Aviva Investors Liquidity Funds Country Registration
Fixed income views
Lessons from Archegos: Have investors become complacent about banks?
14 Jun 2021
The advent of tougher regulations after the global financial crisis led investors to think banks were safe. Was the Archegos scandal a wake-up call or much ado about nothing?
Government deficits still matter, just not right now
13 May 2021
Deciding when to tighten the purse strings and hike taxes is complex at any time, and even more so when the economic fallout from COVID-19 remains unclear. Getting deficits – the gap between government spending and income – under control will need to happen eventually, but it would be a brave government that pursued such a goal now.
Are sustainable bonds the new smartphones?
10 May 2021
The market for sustainable bonds to fund activities that have a positive impact on the environment or society is booming. But there are many factors to consider before investing. Not least among them is a crucial question: is your money really being used to fund the activities promised?
Divergence, debt sustainability and climate: Key takeaways from the IMF Spring meetings
14 Apr 2021
Debate over the short- and longer-term consequences of COVID-19 dominated the Spring meetings of the International Monetary Fund, with our emerging-market debt team among those following discussions closely.
Deficits still matter… just not right now
22 Mar 2021
Deciding when to tighten the purse strings and hike taxes is complex at any time, even more so when the economic fallout from COVID-19 remains unclear. Getting deficits under control will need to happen eventually, but it would be a brave government to pursue that goal in the short term.
Why it is getting harder to assess value in financial markets
19 Mar 2021
Massive intervention by central banks and governments in recent years has left investors struggling to value financial assets.
The new struggle for global supremacy could disrupt financial markets
17 Mar 2021
China’s economic rise threatens US supremacy and the global economic and financial order built up since 1945.
Zero rates: Too much of a good thing?
9 Mar 2021
The inexorable rise in asset prices caused by the seemingly never-ending era of monetary easing is calling into question long-held investment beliefs, as members of our multi-asset & macro and equities teams explain.
Everybody wants one: Are sustainable bonds the new smartphones?
5 Mar 2021
The COVID-19 pandemic has highlighted the importance and fragility of the natural balance. As governments, companies and investors aim for a just transition, sustainable bonds are being issued at pace in different formats. Is it a fad, and do markets really need so many varieties?
From crisis comes opportunity: What’s normal now?
2 Mar 2021
Big challenges bring us the opportunity to think differently. Our investment teams reveal what they have learnt from COVID-19, and how they are preparing to face whatever ‘normal’ emerges in a post-pandemic world.
The COVID Nudge
28 Jan 2021
In these data visualisations, we look at whether COVID-19 will achieve something that millions spent on public health campaigning has failed to do.
What a carve up! The future of the internet
22 Jan 2021
Commercial and geopolitical forces are threatening to fracture the internet into competing regimes, making it harder for companies to operate across borders and potentially limiting their growth. We explore the implications for investors.
Investing for impact in private debt to combat climate change
21 Jan 2021
Impact investment strategies will have an important role to play if the green credentials of the world’s stock of real estate is to be transformed, argue Gregor Bamert and Stanley Kwong.
The path for oil and gas after COVID-19
20 Jan 2021
Post-COVID recovery initiatives from governments are increasingly taking a green path, but the response of oil and gas companies so far runs from denial to complete reinvention. Should they continue pumping oil for as long as they can to avoid destroying capital for investors, or do they need to accelerate efforts to future proof their businesses now?
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.
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.
This investment does not rely on external support for guaranteeing liquidity or stabilising the NAV per unit or share.