London-listed insurer’s shares closed at 413.1p yesterday

pension fund scheme trustee magazine investment training

Aviva shares rose 1.3% yesterday after its US life business sold for more than expected.

London-listed Aviva’s shares closed at 413.1p yesterday, compared with Wednesday’s closing price of 407.5p. Shares reached a peak of 421.1p during trading yesterday.

Aviva sold Aviva USA to Athene Holdings for $2.6bn (£1.7bn). The final price was $800m (£492m) higher than announced on 21 December 2012 because of higher profits and other improvements between June 2012 and September 2013.