Square Mile Suspend Ratings on the Aviva Investors Multi Strategy Target Return and Aviva Investors Multi Strategy Target Income Funds

Following the recently announced changes to the management team and structure at Aviva Investors, and the corresponding changes to the named fund managers on the Aviva Investors Multi Strategy Target Return and Target Income funds, we have taken the decision to suspend our ratings on the two funds. We feel that the changes are significant enough that we would like to meet the management team of the funds to discuss their implications more fully before coming to a firm conclusion on how they will affect the funds. We will seek to have this meeting as soon as possible and will, of course, keep our clients updated.