Aegon manager warns of possible knock-on effect from struggling European countries
AEGON Asset Management has launched its first absolute return fund to be run by its UK equity team.
Aegon Asset Management generated gross sales of £270m in Q4, up 55% on the same quarter in 2008, while new business was £1,076m for the year, up from £542m.
Fixed income managers prepare for sharp increases in UK interest rates over longer term, with move towards high-yield and floating-rate instruments
Aegon Asset Management is set to launch its first UK absolute return fund by the end of Q1.
Aegon has launched a global absolute return fund targeting investors seeking global macro exposure.
Aegon is discounting the initial charge on seven of its UK equity and fixed income funds until 30 April.
The traditional areas of the property market have taken a beaten over recent years, however there are still opportunities to be found within the asset class, it is just a case of looking at the more niche areas
Aegon Asset Management has bolstered its European equity team with the appointment of Pauline McPherson as a senior investment manager.
Sales of UK life and pensions have slumped across the board as consumers limit insurance and savings to focus dwindling disposable incomes on debt.