Aviva restructures Premier Fixed Income Fund
Aviva Investors has moved the management of the international income component of its Australia-based Premier Fixed Income Fund offshore.
The global bond component of the Australia-based fund was previously passively managed within Australia but will now be actively managed by a UK-based Aviva investment team.
Aviva will also move its high yield credit exposure overseas, to be managed by Aviva investment teams in the US and UK.
Product and communications manager Dale Rowley said the new structure would provide investors with access to an enhanced global fixed income universe overseas.
“They will be able to leverage off the active management skills of Aviva Investors’ Global Aggregate Bond Fund management team, one of the largest in Europe, as well as the Global High Yield Fund management team.
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