Alliance Trust snags Aviva SRI team, assets

The remainder of Aviva Investors’ sustainable and responsible investment (SRI) team is to move to Alliance Trust Investment, which has struck an investment-advisory agreement to manage the insurance giant’s £1.2 billion ($1.9 billion) in SRI funds. The move follows the announcement, in January, that Aviva Investors would shed 160 positions, or 12% of its staff, […]