Aviva Investors Appoints CIO Of Solutions

Robbie Lawther

20 June 2018

Aviva Investors, the global asset management business of Aviva, has appointed Al Denholm as chief investment officer of solutions. He will be based in London and report to Euan Munro, chief executive of Aviva Investors. Denholm will also join the firm’s executive team.

In this new role, Denholm will lead a team focused on creating distinctive solutions that deal with the needs of global clients, covering investment solutions, responsible investment, securities finance, investment risk and portfolio construction, and liability-driven investment. The solutions operation will work with investment teams across equities, fixed Income, multi-asset and real assets.

Denholm has over 30 years’ experience in asset management. He joins from Prudential Portfolio Management Group and prior to this, was previously head of multi-asset client solutions at BlackRock for Europe, Middle East and Africa.

“The solutions function will bring together our broad capabilities to respond to the changing needs of our clients,” said Munro. “Al brings a wealth of experience in developing client-focused investment teams and propositions. This, combined with his deep knowledge of the current asset management landscape, makes him an obvious choice to spearhead our efforts in this area.”

In June, this publication reported that Chicago-based LaSalle Investment Management, the global real estate investment manager, had agreed to acquire the real estate multi-manager of UK firm Aviva Investors and full ownership of the management of the Encore+ fund.

Following Aviva Investors decision to sell its REMM business to LaSalle IM, it decided to merge its direct real estate, infrastructure, structured finance and private debt operations to form a new real assets business.