Aviva Investors launches Sterling Standard Liquidity fund

Money market fund

clock • 1 min read

Aviva Investors has expanded its liquidity offering with the launch of a money market fund targeting returns of cash plus 0.1%.

Managed by Richard Hallett and Josh Bramwell, the Sterling Standard Liquidity fund will build upon the asset manager's existing liquidity offering, which will now comprise six strategies. Aviva Investors profits sink by over 60% on lower revenues as AUM drops The strategy is a regulated ‘standard' money market fund benchmarked against the SONIA rate, which could be suitable for long-term cash balances, the firm said, with the potential to generate an "incrementally higher yield" compared to short-term money market funds. The fund will be actively managed and invest in a diversified...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Unit trusts/OEICs

Trustpilot