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Aviva SMAs attract $10m

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Aviva's separately managed account (SMA) products have attracted almost $10 million in investments since their launch six weeks ago.

 More than 20 dealer groups have placed the SMA products on their approved product lists, and about 50 financial advisers have placed clients' funds across the eight model portfolios on offer. "This early interest demonstrates the confidence advisers have in the SMA," Aviva distribution development manager Stuart Fechner said.