Aegon surpasses £1bn assets under management mark

financial planning.jpg

Aegon UK has surpassed the £1bn in assets under management (AUM) milestone in its multi-asset solutions business just two years after its launch. Find out more in this article by Professional Pensions.

The firm's multi-asset solutions business — launched in 2019 — offers multi-asset fund ranges available to pension investors across Aegon's distribution reach.

It also helps deliver funds including Aegon's risk-managed portfolios, alongside its insured investment solutions.

The firm's multi-asset solutions offer investors a"simple and cost-effective means to grow their savings over the long-term".

Each of the fund ranges has a selection of portfolios with different risk and return profiles to reflect investor needs and align to advice processes.

The funds also come with risk management and governance built in, and are designed to make it easy for advisers to meet regulatory requirements.

Aegon investment solutions managing director Tim Orton said:"Reaching £1bn of AUM in our multi-asset solutions business is a significant milestone. We are pleased to have achieved this in not much more than two years from launch.

"Our range of multi-asset funds aim to meet demand for value-focussed investment strategies offering a simpler way to invest whilst growing savings for investors across the risk spectrum."

 

This article was written by Holly Roach from Professional Pensions and was legally licensed through the Industry Dive publisher network. Please direct all licensing questions to legal@industrydive.com.