Aviva gains ING pension business in Russia

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RUSSIA - Aviva has agreed to acquire ING Group's non-state pension fund business along with its holding company in Russia, making it the largest foreign-owned manager of non-state pension funds.

The acquisition will boost Aviva's share of the assets under management to 10% within the competitive corporate pensions market in Russia. Aviva Europe chief executive Andrea Moneta commented: ...

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