Aviva Investors' AUM and profits climb in 'breakout year'

Becoming a 'digital disruptor'

Aviva Investors saw assets under management (AUM) increase by 19% in 2016, driven by positive net flows, the AIMS range trebling its assets, and the transfer of a further £14bn of Friends Life assets, in what was described as a "breakout year" for fund management by Aviva CEO Mark Wilson.

AUM for Aviva Investors increased by £55bn to £345bn over the year with net external inflows of £2.9bn, up from the £300m recorded in 2015. Aviva profits climb 13% in H1 as AIMS range doubles AUM In addition, a further £14bn of Friends Life assets were transferred from AXA Investment Managers to Aviva Investors in September 2016, as previously agreed when Aviva Investors made the acquisition. Aviva Investors reported total inflows of £32.6bn but said total outflows was £31.6bn, bringing net flows to just over £1bn. Aviva Investors posts 'milestone' £105m profit The group als...