Our expertise, applied to your fixed income goals
In today's diverse and evolving fixed income markets, a unified approach is essential to meet clients' needs. Leveraging our extensive capabilities and unique structure, we are well-positioned to help investors seeking enhanced returns, diversification and capital preservation through market cycles.
Core income
Our Core Income Group offers the foundational building blocks for fixed income investments, specialising in global investment grade, global rates, and asset-based securities. We focus on delivering effective duration management, yield enhancement and diversification to meet our clients' needs.
Capital opportunities
Our Capital Opportunities Group specialises in high-growth fixed income asset classes, such as emerging market debt, high yield bonds, multi-sector fixed income, and convertible debt. Our goal is to meet clients' enhanced return, income and diversification needs.
Fixed income solutions
Our Solutions Group combines strong capabilities in buy and maintain, pensions and insurance solutions, liability-driven investment, and liquidity. We aim to deliver integrated, outcome-driven solutions to enhance capital efficiency, liquidity optimisation and liability-matching.
Fixed income solutions
We harness our heritage and collective expertise to deliver solutions across the fixed income universe to meet your needs.
Canadian fixed income
A range of strategies aiming to provide enhanced and consistent long-term returns with lower volatility and improved downside protection.
A client-centric fixed income philosophy
Our fixed income team manage £160 billion* across a globally integrated investment platform that leverages specialist research and data-driven capabilities to deliver value for our clients.
Connected across capabilities
Our unique structure encourages enhanced idea generation with strong collaboration between teams with natural synergies to deliver diverse, uncorrelated sources of return.
Robust portfolio construction
Our approach aims to deliver enhanced capital preservation through market cycles, optimising the use of technology and avoiding structural over-reliance on market beta to generate returns.
Solutions that start with you
Leveraging our extensive heritage, research and specialist capabilities, we are uniquely placed to build tailored investment solutions to deliver for your specific needs.
*Source: Aviva Investors as at 30 September 2024. The AUM figures shown above are for the group of companies. Trading as Aviva Investors, the fund management arm of the Aviva Group.
Fixed income insights
Investment thinking that brings together the collective insight of Aviva Investors’ teams from across the globe on the key themes influencing markets.
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Bond Voyage: A journey into fixed income
10 Feb. 2025
As we negotiate an uncertain landscape, our fixed income teams reflect on potential sources of resilience.
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Bond Voyage: A journey into fixed income
13 Jan. 2025
With a new US president poised to take office, central banks diverging and ongoing political uncertainty, how are the key fixed income asset classes positioned for the year ahead?
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Sovereigns’ state: Analysing the new challenges facing global sovereign bonds
13 Dec. 2024
The expected policies of a Republican administration in the US bring added uncertainty to the global growth cycle. Steve Ryder and Daniel Bright examine the probable impacts of a world with more tariffs and political strains.
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40 years of lending lessons: How four decades in real estate debt has shaped Aviva Investors’ approach
12 Dec. 2024
From navigating market crashes to embracing ESG and technology, Adrian Poole and Gregor Bamert reveal how 40 years of real estate debt investing have moulded Aviva Investors’ strategy – and what it takes to stay ahead in a rapidly changing market.
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Bond Voyage: A journey into fixed income
9 Dec. 2024
This month, we explore how US Treasuries are taking a breath, why 2025 could be the year of carry for high yield, what increasing dispersion means for emerging markets, and how surging M&A activity could affect investment-grade bonds.
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Bond Voyage: A journey into fixed income
4 Nov. 2024
This month, our fixed-income investment teams discuss US elections, IMF meetings, US versus European high yield, managing declining rates for cash, and what the future might hold in store for gilts.
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Bond Voyage: A journey into fixed income
10 Oct. 2024
In our October edition of Bond Voyage, our fixed-income teams reflect on US elections, US rates, France’s slide towards the periphery of EU issuers, and ESG considerations in Asia.
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Bond Voyage: A journey into fixed income
16 Sep. 2024
This month, we discuss the books that inspired our investment teams over the summer.
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Bond Voyage: A journey into fixed income
9 Aug. 2024
In this summer edition of Bond Voyage, we discuss topical themes in liquidity, emerging-market debt, investment-grade credit and global sovereign bonds.
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Bond Voyage: A journey into fixed income
2 Jul. 2024
In a special European Championships edition of Bond Voyage, we discuss topical themes in liquidity, emerging-market debt, investment-grade credit and global sovereign bonds (with a little help from Cristiano Ronaldo and Kylian Mbappé).
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Bond Voyage: A journey into fixed income
10 Jun. 2024
This month, we discuss fiscal discipline in emerging markets, investment-grade credit portfolio construction, potential opportunities for sovereign investors in Canada and the merits of a developed-market focus in global high yield.
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Bond Voyage: A journey into fixed income
13 May 2024
This month, we discuss Spring Meetings and the path for rates.
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Bond Voyage: A journey into fixed income
9 Apr. 2024
In the April edition of our monthly series, we explore the latest developments in fixed-income markets.
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Bond Voyage: A journey into fixed income
11 Mar. 2024
In the latest instalment of our monthly series, our investment-grade, high-yield, emerging-market and global sovereign bond teams explore the key talking points in fixed income.
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Bond Voyage: A journey into fixed income
7 Feb. 2024
In the latest instalment of our monthly series, our investment-grade, high-yield, emerging-market and global sovereign bond teams look ahead to the key themes that are likely to shape fixed-income markets in 2024.
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The tide turns: The outlook for fixed income in 2024
31 Jan. 2024
After a challenging period for fixed-income markets, conditions look to be right for a better year in bonds.
Bond Voyage: A journey into fixed income
Each month, our freewheeling fixed-income newsletter gathers insights from our high-yield, investment-grade, emerging-market and global sovereign bond teams.
House View
No one can predict the future. But our quarterly House View sets out the collective wisdom of our investment teams on the current state of global markets – and where they might be heading.
Key risks
Investment risk and currency risk
The value of an investment and any income from it can go down as well as up and can fluctuate in response to changes in currency and exchange rates. Investors may not get back the original amount invested.
Credit risk
Bond values are affected by changes in interest rates and the bond issuer's creditworthiness. Bonds that offer the potential for a higher income typically have a greater risk of default.
Fixed income expertise
Meet our fixed income investment team.
Fraser Lundie
Global Head of Fixed Income
Barney Goodchild
Head of Credit and Equity Investment Specialists
Explore
Capabilities
With a global presence, far-reaching expertise, and extensive capabilities across major asset classes, we are well placed to help achieve the outcomes our clients demand.