Aviva Investors splits multi-asset team

Aviva Investors has split its multi-asset solutions portfolio management team into retail and institutional divisions in an effort to provide focused advice to each type of client.

The retail branch is headed up by Peter Fitzgerald (pictured), who was previously co-head of manager research. He will be assisted by managers Nick Samouilhan and Gavin Counsell, and a third manager yet to be hired. The move comes after Justin Onuekwusi, previously lead fund manager on the multi-asset funds, left the firm for Legal & General earlier this summer. Fitzgerald said: "When the same team within a group runs both the multi-asset and multi-manager fund ranges, they tend to compete for the same clients. "By splitting the fund management responsibilities, we will be able to ...