Asset management arm set to be trimmed as clients become wary of riskier assets

Aviva sponsoring UK athletics

Aviva Investors is to axe 160 staff as the global economic slowdown takes its toll, according to the Financial Times.

The company, which manages assets for clients, wants to focus on fixed income products instead of equities.

Aviva Investors said clients have a reduced appetite for riskier assets.

 

 

 

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