(London): Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces the launch of the Aviva Investors Global Equity Endurance Fund.
The Global Equity Endurance Fund is a high-conviction, low turnover, portfolio of global equities that aims to deliver consistent returns over the long-term. The fund is managed by Giles Parkinson, with support from Richard Saldanha and Helen Driver in the Global Equities team. The team is further able to draw on the ideas and expertise of regional fund managers and analysts across the wider Equities team.
Chris Murphy, Global Head of Equities, said:
“The launch of this fund alongside our existing global equity strategies is part of the continual evolution and strengthening of our equity proposition and expanding investment team. The new fund reinforces our commitment to becoming a leader in outcome-oriented solutions in response to changing client needs.”
Discussing the fund’s philosophy, manager Giles Parkinson, added:
“The quality of the businesses we select will be key to the success of the fund. We invest in a small number of superior and resilient companies that have stood the test of time and we believe will continue to do so indefinitely.
“Given the long-term and enduring nature of these businesses, we cite the fund’s investment horizon as ‘over five years.’ However, we manage this strategy such that clients can hold the fund indefinitely, which we believe makes it a compelling choice as a core long-term investment. The portfolio is unconstrained, allowing us to invest without restriction; choosing the very best businesses regardless of sector classification or geographic listing.”
The fund is a Luxembourg domiciled SICAV with USD as base currency. Initial share classes will be A USD (retail: 1.50% AMC), I USD (institutional: 0.75% AMC).
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 21 November 2016 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.
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.