Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Aviva Hires Tejas’s Jones for Bond Trading in Chicago

Aviva Plc’s investment arm in the U.S. hired Jeff Jones to trade bonds as the unit seeks to boost business with clients betting on high-yield securities.

Jones joins Aviva Investors Americas from Tejas Securities Group Inc. and will be based in Chicago, reporting to Todd Youngberg, head of high-yield investments. Jones previously traded junk bonds for FBR Capital Markets and Barclays Plc, the unit of the London-based insurer said in a statement today.

Aviva is focusing in the U.S. on asset management after selling its annuity business in the country to Apollo Global Management LLC this month. The company announced a global initiative last year to expand offerings of short-duration high-yield bonds.

Jones’s “strengths as a high-yield trader and experience making markets and managing risk will further enhance our ability to capitalize on attractive opportunities,” Brent Finck, high-yield portfolio manager, said in the statement.

The global asset-management business oversaw about 274 billion pounds ($442 billion) as of Dec. 31, up from almost 263 million pounds a year earlier. The unit operates in 15 countries in the Asia-Pacific region, Europe and North America and has more than 1,000 employees worldwide, Rob Ranges, a spokesman for the company, said in an interview.

Principal Financial Group Inc. announced in June that it hired Josh Rank and Matt Hanson from Aviva to help run a portfolio of junk bonds. Des Moines, Iowa-based Principal is among insurers seeking to build money-management units to increase fee revenue.

Texas A&M

Jones has a bachelor’s degree in economics from Texas A&M University. He previously worked as an analyst at Goldman Sachs Group Inc., according to the statement.

Tejas Securities, owned by Westech Capital Corp., is a broker-dealer that was founded in 1994, according to the unit’s website. No one at the Austin, Texas-based company was available to comment today as bond markets were closed because of a U.S. holiday, according to a person answering the phone at the headquarters.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.