Three business development managers have been laid off from Aegon Asset Management UK, Investment Week has learnt.
The people in question have not been named, but they all worked within Aegon AM's UK wholesale team. The layoffs took place in June 2023, Investment Week understands. Liquidation of Aegon AM Property Income fund to take longer than 24 months When asked about the move, Aegon AM cited market consolidation within the wealth management space as the reason for cutting down the wholesale sales team, noting how wealth firms have been increasingly focused in London and regional hubs.
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