Aviva fund manager takes 5% of Nomad
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Friday, 4 September, 2009 - 11:04
Investment fund Aviva Investors Australia has emerged as a substantial shareholder in modular and transportable buildings manufacturer Nomad Building Solutions, taking more than 5 per cent for $860,000.
Last week Nomad posted an overall profit of $13.3 million following the economic downturn negatively impacting its clients' investment decisions and an impairment charge of $6.8 million.
Aviva Investors is a global asset management company with over $500 billion in assets under management. It has 1,100 employees in 11 countries.
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