Aviva Share Discussion Threads

[skyship] 23/2/2020 10:27

Do not open. The same link is being posted all over the BB, under different poster names.

[123trev] 23/2/2020 09:04

I understand this is old news now but just a reminder Chinese doctors have now confirmed that those cured of the virus can still pass it on to others making it a nightmare scenario for quarantine if this mutates into something like disease X. South Korea and Italy numbers rapidly rising and riots and protests in Iran as true figures are far higher.

[123trev] 22/2/2020 19:32

Not so fast there this is a novel virus and not forced to follow the same patterns as the flu nobody knows how this is going to mutate yet and it could yet turn into a pandemic. The total death toll and infection rates in China can’t be believed at all and many from the province say its far higher but censorship is at an extreme. It’s a new virus and now seems to be spreading faster outside the source and with know connection now. It’s still very early to speculate on what’s going to happen here if it doesn’t behave like a flu virus and die out in April then there could be major problems. If it does die out then all eyes will be on the next flu season because of the possible mutations that could make it far more dangerous. Market definitely will have a correction coming I think as the economic consequences are now being realised.

[whatsup32] 22/2/2020 15:34

Seasonal flu deaths this year 70,036
Corona deaths this year 2,360

Summer is coming and in a few months this should all be over
hxxps://www.worldometers.info/

[whatsup32] 20/2/2020 16:27

123trew. Yesterday’s news

[123trev] 20/2/2020 14:51

Now South Korea on lockdown and those analysts at GS saying that investors are vastly underestimating the impact of the virus and a correction may be imminent. More and more companies giving guidance on the financial impact the markets just can’t ignore this to much longer!

[eeza] 20/2/2020 12:44

Just as well you don't support Sunderland, then.

[adelwire2] 19/2/2020 12:31

This share just keeps drifting... Usually downwards. Come on dividend great but

[buywell3] 19/2/2020 01:32

Feb 17th 2020

Swine fever: 'Double punch' for countries facing COVID-19 threat

Disease is harmless to humans but has wiped out 60 percent of China's swine industry and a quarter of global supply.

[whatsup32] 18/2/2020 13:35

Corona come spring , summer will be old news. China will resume its growth , America will be happy China has tripped up .

Aviva should recover with the broader market

[fenners66] 18/2/2020 11:51

So about a £5m cut in revenue from those 3 funds mentioned, offset by the increase in fees due to the increase in the size of the fund....

[123trev] 18/2/2020 11:43

Give it a few months and this is testing them lows again then maybe I’m buying.

[spud] 18/2/2020 11:38

Assessment of value rules cause Aviva to cut fund prices
By David Thorpe



Aviva Investors has cut the fees on a range of active and passive funds as a result of the Financial Conduct Authority’s (FCA) requirement that fund houses show their products are value for money.

Aviva cut the fees on five funds, two passives - the International Index Tracker and the UK Index Tracker - and three actives.

The two passive funds have cut their fees, depending on the share class, by as much as 11 basis points on the international tracker, to three basis points on the UK tracker.

The active funds are all cutting the fees on the different share classes by 5 basis points. They include the £268m Global Equity Endurance fund, the £230m Global Equity Income fund, and the £261m Monthly Income Plus fund.

The Global Equity Endurance fund has returned 34 per cent over the past three years, compared with 23 per cent for the average fund in the IA Global Sector, while the Global Equity Income fund has returned 27 per cent in one year, compared with a 16 per cent average in the IA Global sector in that period.

The Monthly Income fund has returned 24 per cent over the past five years, compared with 22 per cent for the average fund in the IA Sterling Corporate Bond sector in the same time period.

A representative of the company said the fee cuts were a direct result of the Assessment of Value regulations.

Aviva's assessment of value report is one of the first to be published by an asset manager since the new Financial Conduct Authority rules mandating the reports have been implemented.

As part of the regulator’s asset management review, fund houses are now required to carry out an annual assessment of whether the firm provides value for its clients.

The assessment criteria set out by the FCA include performance, general costs, economies of scale, comparable market rates, comparable services and share classes.

At what point asset managers are required to publish their reports depends on their financial reporting dates, but most will be publishing their first assessment review throughout 2020.

FTAdviser understands the fee cuts for some of the Aviva funds come following action from the non-executive directors of the individual funds.

The appointment of such non-executive directors is another regulatory requirement.

Hargreaves Lansdown and Vanguard both recently published the statements of value for their respective funds, with Hargreaves stating it believes the fees on its range of multi-manager funds represent good value despite a sustained period of underperformance in the portfolios and high fees.

spud

[123trev] 18/2/2020 11:35

Lol,I’m sure they will be coming in thick and fast very soon.

[jordaggy] 18/2/2020 11:32

Trev, look on the brightside :) The insurance claims haven't been submitted yet!

[alphorn] 18/2/2020 11:25

The upcoming budget next month is also IMO not going to be supportive to Aviva. No positions at present and waiting to get back in.

[123trev] 18/2/2020 11:13

I’m surprised just how slow the market is reacting to the general theme here! A very sluggish China built on vast debts a supposedly booming US economy built on vast debts and ridiculous valuations,Japan lost,Germany in recession,Europe a complete mess the U.K. a complete mess all again built on vast debt add in a dose of climate change a contagious virus that could mutate further what’s not to like. Apple,HSBA and Glen all reporting not so good numbers that are going to get much worse.

[gaffer73] 18/2/2020 08:21

African swine flu?

[buywell3] 18/2/2020 00:38

IMO a flood of claims coming for insurers in many countries

[dr biotech] 17/2/2020 22:12

Think that when the US runs out of steam and the market realises its largely a deficit fuelled boom then things will come back to earth. Like to think the value shares won’t be so badly hit though.

I’m surprised the we haven’t fallen here given the flood damage. Certainly hit a few round here

[fenners66] 16/2/2020 22:15

Who are these "analysts" ?

Trump does not want a stock market crash this year...
Covid 19 may put that out of his control

otherwise for 2020 just bumble along

2021 on the other hand....

[lord gnome] 16/2/2020 20:16

They would say that, wouldn't they? Hardly likely to say not to invest or sell, sell, sell. Excuse my cynicism.