News

Aviva targets Singapore investors with sustainable fund

Singapore_MerlionAviva Investors has announced the launch of a multi-asset fund to accredited and retail investors in Singapore. The product, the Aviva Investors Sustainable Income and Growth (SIG) Fund, is targeting 5% natural income with long-term capital growth from a portfolio of 80 to 120 securities. The names are from the MSCI All Country World Index and the Bloomberg Barclays Global Aggregate Bond Index, the London-based firm said in a statement. The fund manager, Francois de Bruin, and the investment team are aiming to improve sustainability via engagement and proxy voting. The asset management arm of Aviva Group added that environmental, social and governance (ESG) criteria are “fully integrated” in the investment process, which excludes sectors such as tobacco, controversial weapons and energy companies whose revenue from coal exceeds 10%. “Companies will be selected on the basis of sustainable business models and underlying revenue streams, with an emphasis on cash flows to deliver compounding interest over time,” said de Bruin. “By focusing on assets likely to generate dividends and coupons during draw down, rather than selling shares for income, the Fund will help mitigate the risk of permanent loss of capital when markets are depressed,” he added. Charles Wong, head of wholesale – Asia at Aviva Investors said: “The fund seeks to deliver natural income that is sustainable and designed to grow over time, with ESG embedded into the investment process. “In an environment of volatile markets and concerns over growth, we believe SIG can play an important role in addressing the need of investors in Singapore for long-term regular income with a responsible investment focus,” added Wong. ©2019 funds global asia

Sponsored Profiles

Sponsored feature: Asset allocators – How do you track your decisions?

Apr 06, 2020

Mark Barry, Head of Asset Allocation at Milestone Group, explores how a simple question can highlight opportunities to automate and streamline your asset allocation investment process.

Sponsored feature: How is DLT changing the global securities services landscape?

Oct 17, 2019

By Jeslyn Tan, global head of product management, securities services, at Deutsche Bank

Sponsored feature: A new base for fund distribution

Oct 16, 2019

To get the most value out of the digitisation of investment fund distribution, a blockchain-based infrastructure is fundamental. By Olivier Portenseigne, Managing Director and Chief Commercial Officer, Fundsquare.

Sponsored profile: Bridging the gap

Mar 11, 2019

Private equity is a core part of the business for Caceis’ Hong Kong office, which looks after clients in China and Europe. David Li, chief executive officer, explains why private equity enjoys strong client demand and how it is being used to fund China’s international infrastructure ambitions.

Executive Interviews

Executive interview: Understanding geographies

Apr 06, 2020

Margaret Harwood-Jones, co-head financing and securities services at Standard Chartered, shares her insights on platform standardisation, opportunities in Asia and regulatory change to encourage...

Executive interview: ‘Bull markets don’t die of old age’

Dec 12, 2019

Having a balanced portfolio in the midst of the longest expansion in history is an investment imperative, Chris Alderson, co-head of global equity and head of international equity at T Rowe Price...

Roundtables

Hong Kong roundtable: A ‘fragile Goldilocks situation’

Apr 06, 2020

With the global economy at a crossroads, our panel of experts share their thoughts on the market conditions, geopolitical volatility and growth opportunities. Chaired by Romil Patel in Hong Kong.

Singapore roundtable: A horizon to hold long-term assets

Dec 12, 2019

Panellists discuss the geopolitical fractures concerning asset owners, Singapore as a hub for fintech start-ups and why it makes sense to raise capital from a Variable Capital Company (VCC). Chaired by Romil Patel in Singapore.