Wealth Manager - the site for professional investment managers

Register for full access to Citywire’s Fund Manager database, news and analysis. 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 Paul Niven: I won't rip up the Foreign & Colonial Trust history book

Paul Niven: I won't rip up the Foreign & Colonial Trust history book

The newly appointed manager of the Foreign & Colonial trust talks about his plans for UK's oldest investment company.

Play Dangerous daisy chains, Black Friday blues and Uber valuations

Dangerous daisy chains, Black Friday blues and Uber valuations

This week’s Investment Pulse looks at the domino effect in European banks, America’s disappointing Black Friday and how much Uber is really worth.

Play Baillie Gifford's Snell bullish on India's prospects following election

Baillie Gifford's Snell bullish on India's prospects following election

Citywire AA-rated manager is seeing good overall growth for the Asia reason but is wary of varying valuations.

Your Business: Cover Star Club

Manchester wealth firm hires Coutts director for London launch

Manchester wealth firm hires Coutts director for London launch

Former Coutts director Tony Robinson has joined Chartered Wealth Management to head the company’s newly opened London office.

Wealth Manager on Twitter