aviva completes sale of us op for more
Aviva has completed the sale of its US arm, Aviva USA, to Athene Holdings for $2.6bn (£1.7bn) as part of its ongoing international review to focus on the most profitable markets.
Aviva has completed the sale of its US arm, Aviva USA, to Athene Holdings for $2.6bn (£1.7bn) as part of its ongoing international review to focus on the most profitable markets.
Aviva Investors is soft closing its US Equity Income Fund in early October in order to protect performance as UK investors have poured money into the vehicle in the past year.
Aviva Investors has poached Standard Life Investments GARS founder Euan Munro as its new CEO, prompting questions about the stability of the fund's team and potential outflows.
Aviva has completed the sale of its minority share in Malaysian joint venture CIMB Aviva Assurance and CIMB Aviva Takaful.
The UK’s largest insurer Aviva has slashed its full year dividend and reported a loss after tax of £3.05bn for 2012, with shares of the FSTE 100 company falling by up to 16% during trading in London this morning.
Aviva has sold its Russian life and pensions operations to a non-state pension fund in the country for 35m.
Trevor Matthews is stepping down as head of Aviva’s developed markets business as part of a shake-up in the senior management team.
Aviva has appointed former AIA Malaysia managing director Khor Hock Seng as chief executive of Aviva Asia.
Aviva has reached an agreement to sell its 49% stake in Malaysian joint venture, CIMB Aviva Assurance and CIMB Aviva Takaful, to Canadian insurer Sun Life Assurance for £152m.
Aviva Investors has launched an RDR-ready share class on four of its most popular offshore Sicav funds which is free from trail commission.
Aviva is set to cut 120 jobs worth a reported £400m in cost savings.
Aviva Asia is to acquire around 81% of the holding company which owns Professional Investment Advisory Services Pty (PIAS), one of the largest financial advisory firms in Asia.