Dutch pension, insurance and asset management group Aegon has announced in its 2017 responsible investment report released last week that it has added tobacco producers to its exclusion list of investments. Aegon’s head of Strategy & Sustainability Marc van Weede explained tobacco did not fit with the group’s focus on financial security and well-being. “We say […]
The recent interest rate decision by the Bank of England sought to bring inflation under control and today’s figures underline both the importance and timeliness of that decision. With inflation at 3%, retail sales stagnating, and wage growth slower than inflation, increased rates will help provide some economic balance. These increases are likely to exceed […]
Regulatory approval has led Legal & General Investment Management and Aegon to confirm the closing of the deal announced in August 2016 that will see the Cofunds business transferred into Aegon’s own platform – affecting some 750,000 customers and their financial advisers in the UK. Integration of the business is expected to be completed by […]
Legal & General has announced the sale of investment platform Cofunds to Dutch pension and insurance provider Aegon, subject to regulatory approval. The £140m (€162.69m) sale includes the Investor Portfolio Service (IPS) platform as well as Cofunds’ retail and institutional business. All employees in Cofunds and IPS will be transitioned to Aegon. Legal & General […]
Les encours sous gestion des filiales du pôle gestion d’actifs de la Banque Postale s’élèvent à 158,7 milliards d’euros au 30 juin 2015, en hausse de 2,3% par rapport à fin juin 2014. La Banque Postale Asset Management enregistre ainsi 149,3 milliards d’euros d’encours sous gestion à la fin du premier semestre 2015, soit une hausse de 1,4% […]
Martin Davis has been appointed CEO of Kames Capital, joining other recent appointements to the executive team such as CIO Stephen Jones.
Aegon’s banking licences in the Netherlands are being used to support the launch of a new online bank charging a fixed €15 monthly fee.
Platform technology provider FNZ has named Paul McMahon as chief executive of its UK business. McMahon joins FNZ from Aegon, where he was Group Marketing Director.
AG2R La Mondiale, the giant French insurer, is about to launch in the UK through its Luxembourg-listed international wealth management division La Mondiale Europartner.
Kames Capital will not pull back from the UK market in ethical investments, despite a number of competitors doing so recently.
Kames Capital has launched in London today, replacing the AEGON Asset Management UK name, as the business looks to establish itself with a distinct and separate identity from the global group of AEGON Asset Management companies.
Nearly four years to the day a French bank suspended three credit funds, signaling the start of the global credit crunch, a UK fixed income manager warns the risks of another “major negative event in markets have gone up massively”, in the midst of the next global financial crisis.