Aegon aggressive focus

Aegon's European Tactical fund is to adopt a more aggressive position to take advantage of cheap stocks on the continent, according to its manager Mark Peden. He said that he is set to take a more aggressive approach and move the fund down the quality curve to take advantage of undervalued European manufacturing and chemical stocks. Peden is to change the way he selects stocks to reflect current market conditions. He said: 'Before we were selling at the rallies and now we are buying at the dips.' Peden completely reassessed the fund after the 11 September attacks and sold all the...