Aviva Investors is looking to bolster its real estate portfolio through its Asia-Pacific Property Fund, although it is eager to diversify away from cyclical markets including Singapore.
The UK asset manager is attracting Asian institutional clients to new and established strategies, but aims to boost its regional retail AUM and is mulling new products.
Departing Asia-Pacific head Craig Bingham says he is taking time out before deciding on his next move. He will be replaced by global business development director Erich Gerth.
The UK firm also plans to set up a mainland China business and further build its Asia team in Singapore, including bringing in asset-and-liability management specialists.
Aviva InvestorsÆ Jean-Francois Boulier explains why he thinks the recovery is sustainable, and how the Europe-based investment arm is going off-benchmark to get more emerging-market exposure.