Report
Henry Heathfield

Aviva’s digital and fund-management efforts are building a stronger business for the future.

Aviva reported full-year 2017 results of GBP 1.6 billion, and while the headline is a disappointing result in Canada, we think the business is showing good core operations beyond these issues as six of its eight core operations delivered double-digit growth in profit. We will maintain our GBX 575 and $14.30 fair value estimates and no-moat rating.
While Aviva is no longer looking to shrink its geographic presence, left with good core businesses or businesses with apparently good prospects for gr...
Underlying
Aviva PLC ADS

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Henry Heathfield

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