Page 4 - Tim Orton News Today

Aegon UK has surpassed the £1bn in assets under management (AUM) milestone in its multi-asset solutions business.

Investors must watch out for the possibility that an economic, social and governance (ESG) strategies bubble could develop.

Aegon is launching a new fund that will incorporate the sustainability characteristics of sovereign bonds

Regular readers of Money Marketing will no doubt have noticed that different actors in the financial industry are regularly announcing new strategies or portfolios “aligned with the net zero objective”.

IFAs favour simplicity of multi-asset funds for retired clients By Michael Klimes 12 Multi-asset funds for retired clients have increased in popularity among advisers, Aegon research shows. The study of 200 advisers finds in-house and bespoke portfolios decreasing in popularity due to their complexity. There are also operational challenges of managing these bespoke portfolios on an advisory basis and business risk from increased regulatory focus. Fifty-six per cent of...

Yet only 15% of consumers actively invest in sustainable funds The switch to a more sustainable society is undeniably spreading across the world. More people than ever recycle, avoid single-use plastics, and consider their carbon footprint before buying basic food items. And firms are adapting to meet this rising demand. If you go to any store, physical or online, chances are that an array of green products will be marketed to you – from metal and glass straws, silicone food bags, plant-deriv...

So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money, says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme...

Aegon UK hires ex-Royal London investment solutions head for new role Lorna Blyth joins as investment proposition director Lorna Blyth has spent the past 15 years at Royal London Asset Management Aegon UK has hired Lorna Blyth for the newly created role of investment proposition director, who will have responsibility for developing the firm’s investment proposition with particular emphasis on workplace and retail clients. With more than 20 years industry experience, Blyth has spent the past 1...

Aegon partners with HSBC to embed ESG criteria into default funds Aegon is the first investor in HSBCs new Developed World Sustainable Equity Index Fund Aegon has embedded ESG criteria across its in-house workplace default funds through a partnership with HSBC Global Asset Management. The launch of the ESG component across Aegon Retirement Choices (ARC) workplace default range comes after the firm committed to a target of net-zero carbon emissions by 2050. From this month, key ARC... To continu...

Financial services firm Aegon has become the latest corporate to commit to reaching net-zero emissions by 2050, targeting the decarbonisation of its pension fund ranges and main operations.