Aviva Investors has appointed Daniel McHugh as CIO of its £47.3 billion ($66 billion) real assets business. This follows the January promotion of former real assets CIO, Mark Versey, to CEO.
In his new role, McHugh will report to Versey and will be responsible for the strategy and growth of Aviva Investors’ integrated real assets business, encompassing real estate, infrastructure and private debt.
“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 U.K. and international clients,” said Versey. “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.”
McHugh will oversee some 300 professionals working across fund management, asset management, development, transactions, origination, underwriting, research and b