GLOBAL asset manager Aviva Investors has appointed Daniel McHugh as chief investment officer of its £47.3 billion Real Assets business.
McHugh will take over from Mark Versey who was last month promoted to CEO of Aviva Investors.
McHugh joined Aviva Investors in April 2018 as managing director, real estate and brings more than 25 years’ experience in UK and continental European real estate. Prior to joining the group, he was head of continental European real estate investment at Standard Life Investments.
“I’m delighted that we have promoted one of our own to the role of CIO for Real Assets, which is central to our commercial strategy and an area we continue to see strong demand from our UK and international clients,” Versey said.
“Daniel has an exceptional investment pedigree, with a relentless focus on clients and delivering strong performance. Since he joined the business, we have significantly built out our development, asset management and transaction capabilities in real estate, expanding our investment strategy in exciting new European locations and forging strong partnerships with key international investors. Daniel shares my ambition to establish Aviva Investors as a market leader in Real Assets, and I have every confidence the business will flourish under his leadership.” Versey added.
McHugh said he is excited to take the reins and his objective will be to continue to grow the platform.