Fund manager interview series

He sees little prospect of recession in year ahead

Richard Herberth, Asia-Pacific chief executive at Aviva Investors, discusses his outlook on investment strategies and the markets in the latest in our series featuring fund managers and market experts.

Mr Richard Herberth advises investors to welcome rather than fear a return to more normal levels of volatility, as it is a sign that the global economic recovery has become self-sustaining and that accommodative monetary policies have done their job.
Mr Richard Herberth advises investors to welcome rather than fear a return to more normal levels of volatility, as it is a sign that the global economic recovery has become self-sustaining and that accommodative monetary policies have done their job. ST PHOTO: ALVIN HO
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Singapore-based Richard Herberth was appointed regional chief executive at Aviva Investors in January to focus on developing and implementing the firm's business strategy. He is also the head of client relationship for the Asia-Pacific, responsible for day-to-day management of business operations.

Aviva Investors has US$460 billion (S$636 billion) of assets under management globally as at June 30, with expertise across a range of asset classes, including fixed income, equities, multi-assets and real assets.

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A version of this article appeared in the print edition of The Sunday Times on November 04, 2018, with the headline He sees little prospect of recession in year ahead. Subscribe