Aviva Investors sees £2.3bn net inflows as AUM rises

Strong investment performance

Aviva Investors saw a swing to net inflows of £2.3bn as assets under management (AUM) rose by £4.7% to £346.1bn, the group said in its full-year results to 31 December 2019.

The inflows and rise in AUM come "on the back of strong investment performance", with 84% of its funds beating their benchmarks over the 12-month period. This compares to £100m worth of outflows in the year to 31 December 2018. The 2019 inflows added to £21.4bn of favourable market and foreign exchange movements and £1.3bn of net flows into liquidity and cash to push AUM higher. Q4 2019 results round-up: LGIM AUM up 18% Outflows on its Aviva client business of £6.4bn, as well as £3.2bn of assets transferred to an external manager, which were previously managed by Aviva Investors un...