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Another senior departure at Aviva Investors

Aviva Investors global head of products Jeremy Soutter is the latest big name to leave the firm following a restructure of its global workforce.

Soutter joined Aviva in 1999, he was previously technical director at Henderson from 1990 to 1997.

His departure follows that of Aviva Investors chief executive of the UK funds business John Clougherty last week.

In January, Aviva Investors announced it was to cut 160 jobs worldwide in a bid to reduce its presence in the retail space, with its London-based European, emerging markets, global and SRI equity desks closing.

The group is cutting its global workforce by 12 per cent with the bulk of the job losses in London.

The firm will stay active in the fixed income, real estate and multi-asset sectors.

In February, Money Marketing revealed that Aviva Investors’ sustainable and responsible investment team and £1.1bn fund range are set to be sold off as part of the firm’s move to reduce its retail presence.

In March, it emerged that Aviva Investors head of European equities John Botham would also leave the firm.

A spokeswoman for Aviva Investors says: “We are taking a more global approach to product development, in line with the growing needs of our institutional clients. This activity will be managed closely with our product strategy and product development teams and as a result Jeremy Soutter is leaving the business.”


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