Aviva Investors launches Global Equity Endurance fund

High-conviction/low-turnover proposition

Aviva Investors has unveiled the Global Equity Endurance fund for manager Giles Parkinson.

The Luxembourg-domiciled SICAV will aim to achieve long-term, consistent returns through a high-conviction, low-turnover global portfolio of between 20 and 40 stocks. This unconstrained portfolio has a minimum suggested investment horizon of five years, and an annual management charge of 1.5% on the retail share class. As lead manager, Parkinson will be supported by fellow global equity fund managers Richard Saldanha, who also runs the £30.8m Aviva Investors Global Equity Income fund, and Helen Driver, manager on the £1.3bn AIMS Global Equity Income strategies. The trio will also draw...