Aegon Asset Management is to launch a US focused fund and split its fund range into three distinct s...
Aegon Asset Management is to launch a US focused fund and split its fund range into three distinct stables. The US tactical fund will be run by Aegon's US team and managed in a similar way to the group's existing focused funds, with a portfolio of between 30 and 50 stocks. Under the reorganised structure of the fund range, the underperforming £9.3m UK Blue Chip portfolio is to be merged into the more robust £291m UK Equity Growth fund, which will retain its name under the current manager of both funds, Steven Laidlaw. Jon Bennett, director of retail fund management, said that manager...
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