Aviva Investors is to close its UK Absolute Return fund, run by Trevor Green, as well as Peter Fitzgerald's Diversified Strategy fund, Professional Adviser's sister title Investment Week can reveal.
The two funds are poised to shrink as the largest investor in each is withdrawing their assets imminently. As a result, the group has opted to close both next month. Winding up the two funds will also...
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch
To drive progress