£ 534m fund targets 4% inflation return
Aegon Asset Administration has accomplished the transition of its Aegon Diversified Progress fund to a sustainable strategy and can rename the Aegon Sustainable Diversified Progress fund as of April 1 to mirror this variation.
In January 2020, the managers started to transition the fund to learn from funding themes linked to sustainable growth. This goal was achieved first by way of the allocation of world equities, then by way of mounted revenue and different allocations.
Aegon hires and promotions within the accountable funding workforce
Co-managed by Colin Dryburgh and Robert-Jan van der Mark of the Aegon AM multi-asset workforce, the £ 534million fund goals to generate a 4% return on inflation by way of a globally diversified portfolio of shares, bonds and different property.
Stephen Jones, World CIO of Multi-Asset & Options, mentioned, “The Aegon Diversified Progress Fund is already capitalizing on lots of the sustainability-related adjustments occurring around the globe. Embedding a sustainable philosophy and follow will assist us seize alternatives and reduce unintended ESG dangers.
“The title change to Aegon Sustainable Diversified Progress Fund signifies the completion of the fund’s transition and indicators our sustainability dedication to traders and advisors.”
Aegon AM: affect investing risked to be wasted by poor reporting
The fund invests amongst sustainability ‘leaders’, investments Aegon AM’s sustainability evaluation identifies as exhibiting exemplary sustainability benchmarks, and ‘enhancers’, by way of which managers purpose to capitalize on optimistic change .
Topic to regulatory approval, Aegon AM has additionally proposed to undertake a sustainable focus for the Dublin-listed Aegon World Diversified Progress Fund.