Aegon Asset Management is set to launch a Tactical North America fund and is considering re-labellin...
Aegon Asset Management is set to launch a Tactical North America fund and is considering re-labelling its Japan and Far East funds to better reflect their underlying investment process.
Jon Bennett, director of retail business at Aegon, said the Japanese fund already has an aggressively managed mandate but was not called Tactical, the way the group's more aggressive funds are labelled.
The Tactical Far East fund, on the other hand, is currently being managed in a relatively defensive way. The company is deciding whether to change their names.
Bennett said that a final decision had not been made on a name change for the funds and that, following consultation with investors, there was also a possibility the investment mandates could be changed to fit in with their existing names.
No date has been set for the launch of the US fund.
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