While the AIMS Target Return Fund has delivered its volatility pledge, barely budging in reaction to China growth fears in 2015 and 2016, or to Brexit and the election of Donald Trump as president of the US, it has missed its return target by a significant amount.
Tilney appoints a former Schroders chief financial officer to its board of directors, Aviva hires a head of global financial institutions and Brewin Dolphin makes several key changes to its Cardiff team.
Aviva has been forced to issue another apology to advisers after they were wrongly sent a notification that the value of their clients’ portfolios had dropped by more than 10%.
Aviva has apologised for its platform, which has been a source of ongoing frustration for advisers since it was updated three months ago.
Guernsey Finance has hired a London representative to promote the island’s financial services industry, the Association of Investment Companies appoints a board director and Aviva Investors poaches from Standard Life.
The Financial Conduct Authority is to investigate insurance giant Aviva over whether its plan to cancel preference shares was market abuse.
As cumulative flows into emerging market passive funds surpass active alternatives investors should seek opportunities further down the market-cap scale, Aviva Investors head of emerging markets and Asia Pacific Will Ballard argues.
Aviva Asia will launch a Hong Kong joint venture in the first half of 2018, as the group shifts its investment focus to high growth markets.
Axa, Metlife and Zurich have taken some of the top spots among the 100 most valuable insurance brands of 2018, but China is the most dominant country with its companies taking four of the top 10 slots.
A former Aviva Life Service UK client has lost his bid to be compensated for poor service, following delays in taking out a tax free lump sum from his pension, because he waited too long to make the complaint.
WH Ireland appoints a chief operating officer from Brewin Dolphin, Aviva expands its emerging markets debt team and Metlife names a new head of its global employee benefits team.
Old Mutual International appoints for a Singapore wealth push, a veteran at Schroders announces his retirement and Aviva Investors has hired two Asian fixed income specialists.
