Aegon Asset Management has appointed Ian Cooke as head of North American equities.
He will be responsible for running both Aegon's North American portfolios, including its American Equity fund.
The fund has ranked in the low-end of the IMA North American sector, coming 76 out of 79 companies for the three month average. Over the past year, it was down 28.6%, compared to the average of -16.4%, and ranked 74 out of an average of 77 companies in the sector.
Cooke will report to the company's head of equities Innes McKeand and will head a team of five US specialists.
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