View more on these topics

Aviva looking to rationalise fund range

Aviva managing director of retail investments John Clougherty says the firm is likely to rationalise its investment range.

He says following the decision to place all funds under the Aviva banner, it makes sense to conduct a complete review of the range at a time when the focus is on costs. He says: “We have 40 funds across a single company, which is probably too many and we are conducting a funda ental review across the piece.”

Clougherty says funds should only be run if they offer something genuinely different and says the group has few gaps to fill in the market.

He says: “We want to keep the emphasis on our strengths but it is important to realise that we will not close a fund purely because of its size. If there is no reason to invest in one fund over another, then we will look at it.

“The majority are going to stay, however, as we feel that we have had the nucleus of a strong investment range in place for some time.”


Quarter of top 100 alpha managers are at boutiques

Almost a quarter of Trustnet’s top 100 alpha managers are operating in a boutique environment.Twenty-two boutique fund managers are in the new alpha fund manager rating service which characterises managers through their long-term performance. Firms with managers on the list include River & Mercantile with Dan Hanbury, Rensburg with Mark Hall and Ruffer with Timothy […]

SSAS the survivor

David Seaton, joint managing director of Rowanmoor Pensions, says small self-administered schemes were considered to be doomed under pension simplification but they have continued to thrive and still offer considerable benefits


Employer iPMI responsibilities could continue to escalate, says Jelf

New laws in Dubai will put the burden of providing international private medical insurance (iPMI) firmly on the shoulders of the employer in order to maintain the country’s leading healthcare facilities. With 10,000 UK nationals having moved to the country since 2007 and only 16.5 per cent of the total 8.2 million people living there being Emiratis, Jelf Employee Benefits believes this move was inevitable and employer responsibilities could continue to escalate in future.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm