Aviva Investors, the global asset management business of Aviva, continues its expansion and growth strategy in Asia Pacific with the appointment of a new Head of Asian Rates and FX.
The appointment of Stuart Ritson will boost Aviva Investors’ Emerging Market Debt (EMD) offering in the Asian region, the firm said today in a statement.
In the new role Ritson will relocate to Singapore from London and will continue to report to Liam Spillane, Head of Emerging Market Debt.
Ritson will also retain his global emerging markets focus as a co-manager of the Emerging Market Local Currency Bond and EMD Opportunities funds, while further strengthening Aviva Investors’ EMD strategies in the region.
Asia's Importance
Ritson has been with Aviva Investors since 2007 and is the portfolio manager for both local currency and blended EMD strategies. Prior to joining Aviva Investors, he worked at Rabobank and Goldman Sachs Asset Management.
«Singapore is the regional hub for our APAC operations, which currently houses our Asian Fixed Income capabilities as well as the global team for Indirect Real Estate, and Stuart’s relocation bears testament to the importance we are placing on this region,» said Scott Callander, Head of Client Solutions, Asia Pacific and Middle East.
Aviva Investor’s Emerging Markets Local Currency Bond Funds have seen a pick up in appetite from Asian investors in recent times. The fund was launched in 2006 and currently yields 6.7 percent with total asset under management reaching $3billion as at Dec 2016.