Q1 2021 results round-up: Aviva Investors AUM dips 5%

Managers report on first three months of 2021

Asset managers report on their successes and failures during the first quarter of the new year, as investor sentiment remains strong despite continued lockdowns across Europe.

Aviva Investors  Aviva Investors' assets under management fell by 5% in the first quarter of 2021 from £366bn to £349bn, driven by outflows, a strengthening of sterling and rising bond yields. The firm's internally managed AUM saw net outflows of £177m in the first quarter, which was offset by net inflows of £204m in Aviva Investors' external AUM. By contrast, Aviva's savings and retirement business saw net inflows of almost £3bn over the quarter, driven by strong performance within its workplace and platform units. Aviva Investors UK Property to close on liquidity and performanc...