Mark Connolly, who joined Aviva Investors last January as CIO, fixed income, has been promoted to CIO for liquid markets. This role covers multi-asset, fixed income and equities. He was previously global head of fixed income at Scottish Widows Investment Partnership.

Dan James, who joined the firm in 2011, will take on the role of global head of fixed income. He will continue to co-manage the AIMS Target Return Fund. Lastly, Chris Murphy, who joined in 2006 and has served as head of global income, equities, will become global head of equities. He will continue to run the Aviva Investors UK Equity Income and Aviva Investors UK Equity funds.

The firm's global head of multi-asset, Peter Fitzgerald, will continue in his role. Based in London, James, Murphy and Fitzgerald will report to Connolly. Meanwhile, Lis will continue to work with Aviva Investors as a consultant.

Earlier this month, Aviva Investors appointed David Clayton as its new chief financial officer and Mike Craston as global head of business development.