Aviva restructures liquid markets division

Mark ConnollyAviva Investors has unveiled a new leadership and structure for its liquid markets business, following David Lis’ decision to retire as head of equities, after nearly five years.

Aviva is putting its three liquid market investment teams – which cover equities, fixed income and multi-asset – into a single unit headed by fixed income chief investment officer, Mark Connolly (pictured). He will replace Lis as the chief investment officer for liquid markets, covering multi-asset and equities.

Connolly joined Aviva Investors a year ago from Scottish Widows Investment Partnership, where he was global head of fixed income. He has also held senior roles at Rothschild Asset Management and Standard life Investments.

Meanwhile, Aviva has promoted Dan James and Chris Murphy to global head of fixed income and global head of equities, respectively.

Together with Peter Fitzgerald, global head of multi-asset, James and Murphy will make up the newly created investment leadership team, which will report to Connolly.

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