Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Aviva to cut multi asset chief in streamlining move

Aviva to cut multi asset chief in streamlining move

’ head of multi asset funds Yoram Lustig is set to leave, as a result of the firm streamlining its team.

Lustig, who joined Aviva in 2009, co-manages two of the firm’s retail funds, including Aviva Investors Diversified Asset and £301.2 million Diversified Strategy funds, as well as institutional mandates running to billions in size.

A spokeswoman for Aviva said: ‘We have streamlined the multi asset funds team and as a result we are in discussions with Yoram Lustig, head of multi asset funds at Aviva Investors about his role.

'The rest of the team and its collaborative approach to fund management remain unchanged.’

Prior to joining Aviva, Lustig was head of portfolio construction EMEA at Merrill Lynch, responsible for managing multi asset discretionary portfolios among other roles.

Before joining Merrill Lynch in 2002, he practiced law for three years, specialising in corporate, financial and commercial law.

In another move, senior portfolio analyst Jonathan Abrahams has left the firm ‘to pursue other opportunities.’ Aviva said the rest of his team remains in place.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Navigating geopolitical risk with ETFs

Navigating geopolitical risk with ETFs

ETFGI’s Deborah Fuhr on how investors can use exchange-traded funds to position their portfolio.

Play Sarasin’s Boucher: why I like salmon with chocolate

Sarasin’s Boucher: why I like salmon with chocolate

Henry Boucher, manager of the £129 million Sarasin Food & Agriculture Opportunities fund, explains why he is gobbling up salmon and chocolate stocks.

Play Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Libby Ashby and leading wealth managers analyse what the Alibaba IPO hype means for Chinese equities, slowing growth of the UK economy and whether there’s anything left to play for in the European sovereign bond market.

Your Business: Cover Star Club

Profile: How David Esfandi is shaping Canaccord Genuity WM

Profile: How David Esfandi is shaping Canaccord Genuity WM

After six months as chief executive of Canaccord Genuity David Esfandi's ambitions are taking shape

Wealth Manager on Twitter