Veteran French manager Jean-Pierre Salles of Aviva Investors France has retired after a career spanning almost 40 years, Citywire Global can reveal.
The Paris-based manager has been working for Aviva's French subsidiary since 1980 and in that time has run a number of funds across all the main asset classes.
Prior to joining Aviva, he worked for Banque Indosuez where he was an equity portfolio manager and over his career has widened his area of expertise to run funds investing in the bond, equity, convertibles and mixed asset sectors.
In total he managed over €1.5 billion and his longest-running fund is the €360 million Aviva Oblig International global bond fund which he has managed since its original launch in June 1980.
Former colleague Alban Tourrade has now taken over management of the Aviva Signatures Europe corporate bond fund while his two equity funds, Aviva Japon and Aviva Investors Japon, are now run by Euro Stars A-rated manager Jean-François Chambon.
Over the past three years, his Aviva Oblig International has posted returns of 32.5% while its Citywire benchmark, Citigroup WGBI (Hedged EUR) TR, rose 14.7%.