Friends Life is planning to transfer £24bn worth of segregated mandates from AXA Investment Managers to Aviva Investors, following its takeover by the latter's parent company at the end of last year.
Self-invested pensions and property investment
Holders of Aviva Investors' £159m Asia Pacific Property fund face a 12-24 month wait to exit after the firm suspended the fund due to large investors' plans to redeem their positions.
Aviva Investors has moved its Property trust from offer to bid pricing after experiencing a period of net outflows for the product.
Commercial property and pension investing
Retail fund sales last year were at their highest level since 2010, according to the latest figures from the Investment Association (IA).
Sector report: UK commercial property - treading a very fine line
Property exposure: Keep your eyes on the prize…
The Serious Fraud Office is investigating an allegation of fraud against a number of investment funds operated by Stirling Mortimer Global Property fund.
Six million homes, half of all mortgaged residential property in the UK, could be at risk because the owners are not covered by any form of protection insurance, according to research from life and pensions provider Friends Life.