Euan Munro: We have to convince investors to look past Schroders and M&G

‘We want investors to look past Schroders and M&G’

Aviva Investors chief executive Euan Munro tells Anna Fedorova about the progression of his turnaround plans and the future of the firm's flagship multi-strategy funds.

It is now almost 18 months since Euan Munro (pictured) took over as CEO of Aviva Investors, but the former Standard Life Investments (SLI) multi-asset head is well aware the turnaround of the business has a long way to go.  His own parent company underlined this in its 2014 annual results, released in March. There, Aviva described its asset management business’ £79m profit as “inadequate” – just as it had done shortly after Munro’s arrival a year earlier. As the creator of SLI’s Global Absolute Return Strategies (GARS) product, which went from zero to £25bn in the five years prior to ...