Aviva Investors appoints manager to Property Trust

Related Content Related Video Related Articles

Aviva Investors, the global asset management business of UK insurer Aviva with some £246bn (€343bn) of AUM, has appointed  Mike Luscombe as lead manager of the Aviva Investors Property Trust, an open ended non Ucits retail scheme (Nurs)

Luscombe replaces Philip Nell, who is moving to work on property at Hermes.

At Aviva Investors, where he has been for nearly 27 years, Luscombe will report to Ben Stirling, managing director, European Direct Real Estate.

For the past 15 years, Luscombe has managed the Aviva Linked Property Fund – Aviva’s UK unit linked life and pension property fund valued at c£3bn (€4.2bn).

Aviva Investors has revised upwards its total annual return for UK commercial property by 1%, forecasting a total return of 9% annually between 2015 and 2019.

Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.

Read more from Jonathan Boyd

Close Window
View the Magazine

You need to fill all required fields!