Aviva Investors

Justin Onuekwusi, former lead manager on Aviva Investors' multi-asset funds, is to join Legal & General.

Justin Onuekwusi,lead fund manager on Aviva Investors' multi-asset funds, is to exit the firm.

Aviva Investors has opted to pull its absolute return fund out of the Investment Management Association's (IMA) Absolute Return sector, after the category was renamed earlier this year.

New business at insurance giant Aviva was up 18% in the three months to 31 March, reaching £191m, according to its latest results.

Insurance firm Aviva suffered a loss of £3bn in 2012 due to a £3.3bn writedown from the sale of its US business last year.

Aviva Investors has launched RDR-ready share classes for a number of its most popular funds, as well as removing initial charges from all its onshore portfolios.

Panic about house prices, asset bubbles and China caught our readers' attention this year, with the views of leading hedgies and controversial industry figures featuring in our list of the 20 most read stories of 2012.

Multi-asset managers are exploring alternative low-risk bond investments as they prepare their portfolios for a more constrained fixed income environment in 2013.

Aviva Investors' head of multi-asset funds, Yoram Lustig, is set to leave the firm.

Aviva's programme of job cuts, which will see 800 staff made redundant, is on track to save the insurer £250m by the end of the year, according to latest results.