Specialist

Friends Life is planning to transfer £24bn worth of segregated mandates from AXA Investment Managers to Aviva Investors, following its takeover by the latter's parent company at the end of last year.

An event highlighting the opportunities, challenges and risks for financial advisers and wealth managers accessing alternative investments returns to London later this year.

Self-invested pensions and property investment

The full shortlists for the first ever Growth Investor Awards have been announced.

Holders of Aviva Investors' £159m Asia Pacific Property fund face a 12-24 month wait to exit after the firm suspended the fund due to large investors' plans to redeem their positions.

Aviva Investors has moved its Property trust from offer to bid pricing after experiencing a period of net outflows for the product.

Professional Adviser has been named as the media partner for the inaugural Growth Investor Awards.

Commercial property and pension investing

Transact has partnered with Octopus Investments to become the first platform to offer venture capital trusts (VCTs) following the introduction of new legislation.

Venture capital trust (VCT) fundraising reached a nine-year high in the last tax year, according to the data from the Association of Investment Companies (AIC.)