Article date: 16 September 2008
Aviva Investors1, the global asset management business being created by the integration of Aviva plc's fund management companies, has named Paula Allen as head of global equities.
Paula has over 14 years of international experience including managing global equities for both institutional and retail clients, most recently responsible for overseeing and implementing Morley's global equities strategy. She has a Citywire A rating and manages the flagship Norwich Union World Leaders Fund.
The appointment comes ahead of the integration of Aviva plc's worldwide fund management businesses, including Morley, to form a global asset management company, Aviva Investors. Paula will play a vital role in overseeing Aviva Investors' global equities capability.
Aviva Investors CIO Equities, Niall Paul, said: "Paula has a strong track record in global equities. Her wealth of experience in managing and building global equities will be invaluable in continuing the strong progress we have made in a competitive space. Paula's input will also be vital to Aviva Investors as we move into the next exciting phase of the business."
Paula joined Morley in 2002. She previously worked as director of US equities at Deutsche Asset Management.
Additionally, Mr Paul announced the appointment of Kirill Pyshkin as a global equities analyst. Kirill joins Aviva Investors from Credit Agricole Asset Management where he was a global technology analyst.
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Notes to editors:
Morley is the UK-based asset management business of Aviva plc. Firms within the Morley group of companies manage £150bn (€191bn) from offices around the world as at 30 July 2008.
Morley manages both institutional and retail funds. It also acts as investment manager for a range of retail investment funds, marketed in the UK under the Norwich Union brand and in Europe under the Morley name.
The property team manages in excess of £27bn (€35bn) of UK and European property assets.
On 28 February 2008, Aviva plc announced it was combining the majority of its asset management businesses to create a single, globally integrated asset manager to be known as Aviva Investors - to be launched formally in September 2008. Aviva Investors will be the global asset management business of Aviva plc, the world's fifth-largest insurance group.
Operating under a single brand with more than 1,300 employees in 15 countries across the UK, Europe, North America and Asia, and subject to regulatory approval, Aviva Investors will combine businesses in the UK (Morley), North America (Aviva Capital Management, MFM International, Aviva Investment Canada), France (Aviva Gestion d'Actifs), Australia (Portfolio Partners), Poland (CUIM Polska), Ireland (Hibernian Investment Managers) and Romania (CertInvest) and work in partnership with Delta Lloyd Asset Management in the Netherlands.
1 On 28 February 2008, Aviva plc announced it was combining its asset management businesses to create a single, globally integrated asset manager to be known as Aviva Investors - to be launched formally at the end of September 2008.
Aviva Investors will be the global asset management business of Aviva plc, the world's fifth-largest insurance group. Firms that will become Aviva Investors have £316 billion ($623 billion) of assets under management as at 28 February 2008 and significant growth potential.