Aviva Investors chief executive Mark Versey says the asset manager is in “full growth mode”, with plans to bolster its private markets products, expand in Asia, and implement more technology across the business to add scale.

The £233bn investment management arm of the UK-listed insurer was among the first in the UK to launch a so-called long-term asset fund, or LTAF, after the structure was approved by the Financial Conduct Authority in 2021. It now wants to use the funds to put pension savings in the wider business to work in private markets.