Aviva Investors has brought back its £1.3 billion U.K. fund of funds portfolios, Financial Times reports. The asset manager had previously outsourced the management of the portfolio to FundQuest, a subsidiary of BNP Paribas Investment Partners.
The firm has also has appointed Ian Aylward and Peter Fitzgerald to run its multi-manager investments in house. The range will continue to be headed by Nick Mansley, global director of multi manager at Aviva Investors.
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