Interview Flashcards
(17 cards)
What do you know about Aviva Investors?
- Asset management branch of Aviva Insurance
- Manage over £350bn across a range of asset classes across 14 countries
- Asset classes include fixed income, equities, multi asset and macro, real assets and solutions.
How do asset managers make money?
Asset managers will direct the investment of a client or institutions portfolio and take a performance or management fee as a result.
What are the 5 things in Aviva Investors investment philosophy?
- Clients needs - create strategies and funds that focus on delivering the specific outcomes desired by the clients
- Collaborate to innovate - utilising skills and knowledge across different asset classes, disciplines, teams and regions can inspire new investment opportunities.
- Informed risk, effectively managed.
- Responsible Investors - promote sustainable business, encourage greater transparency and better corporate governance.
- Invest for the long term - ensures success and long lasting relationships with clients.
What are Aviva Investor’s Values?
- Care More - customer and money at the forefront of the decisions being taken
- Kill Complexity (Process Efficiencies, Easy Customer Understanding)
- Never Rest - seek out better opportunities and work together through obstacles to reach desired result.
- Create Legacy - Empowering employees to do something great and creative and leave their mark.
Why do I want to work for Aviva Investors?
Dynamic and forward thinking business to work for - creativity and opportunity come up a lot and I like that the business encourages empowerment of their employees.
Fresh perspective for my career, using an existing foundation from my previous role and building out on new asset classes and a new operating industry.
I am the type of person that likes to build expertise around an area as opposed to being more of a generalist and so I think Aviva Investors brings the opportunity to build this expertise around a real variety of asset classes.
What do you know about capital management?
Capital management is the ability to effectively manage working capital to ensure maximum efficiency in a company’s cashflow.
Aim to have adequate means to meet short term financial obligations and daily operating expenses.
At Aviva Investors, capital management takes more of a risk based approach.
Why do you want to do the capital reporting analyst role?
Capital is all about strategy and encompassing all of the knowledge about company transactions to make an effective and informed decision about which actions to take. Forward looking.
I am an economist by education and so dealing with real time changes to world and market events is exciting and allows you to bring in a lot of the bigger picture into your daily decisions. Capital is current and future thinking and its at the heart of any business… without it the business fails very quickly.
I like the fast-paced environment that capital reporting sits within. Because you need to focus your decisions on a lot of different factors you get to work with a lot of different people across a variety of teams and build relationships across a lot of the department.
What are your career motivations?
Short-Term: be successful in the role, contribute well to my team’s success, building relationships with as many colleagues and departments as possible and to establish myself as someone that people know they can rely on
Long-Term: Harness the good knowledge and relationship foundations built in the company in my short term career goals and advance to more senior positions within Aviva Investors in order to provide even greater contributions, results and partnerships.
Who is the CEO of Aviva Investors?
Euan Munro
Strategic Adviser on multi-strategy portfolios
Chairs Strategic Investment Group that approves investment ideas and populates these funds.
Innovator of the past 20 years.
Who is the CFO of Aviva Investors?
David Clayton
Member of Aviva Investors Executive Committee
Responsible for financial reporting, capital and financial performance management.
My questions for Matt?
Based on your experience what do you believe are the best qualities for someone to succeed in this role.
What do you believe the greatest challenge will be facing this department following the coronavirus pandemic.
Who are the key stakeholders for Aviva Investors?
Research this
Who are Aviva Investors clients and how may they be affected in the market?
- Institutional Investors (pension funds, insurers)
- Intermediaries (Advisers/Wealth Managers)
- Private Investors
- Commerical Borrowers
Discuss some things that COVID-19 is affecting in Aviva Investors business/Asset Management Industry.
- Client Behaviours (Industry and AI)
Uncertainty amongst clients may influence them to switch their investment strategy towards lower risk securities or commodities or choose not to invest at all and save their income. - AUM
As markets collapse, AUM drop and effects both IM firms and the industry.
This impacts revenue in the form of performance and management fees as the value of assets under management decline as we move towards a very real possibility of economic recession. - Institutional Investors
Institutional investors such as pension funds may see large withdrawals if early redundancies or retirement packages are given to employees.
Competency Questions prepare this afternoon
prepare this afternoon.
What is the difference between credit risk, market risk, investment risk and currency risk?
Credit risk is risk of default of a borrower (fixed income debtors)
Market risk is possibility of investor experiencing losses due to factors affecting the overall performance of the financial markets. This is systematic risk and so cannot be mitigated against by diversifying.
Investment risk is the likelihood of losses arising relative to the expected return of the investment.
Currency risk is losses resulting from adverse movements in foreign exchange
Who are Aviva Investors main competitors?
AXA Investment Managers 801bn EUR
Shroders $467bn
M&G Investments £350bn
Aberdeen Standard £526bn
