Kames Capital is to manage the latest addition to Aegon's fund range, a High Income fund intended to help investors take advantage of pension rule changes.
The new portfolio will be managed by Kames Capital's Vincent McEntegart and will be available across all Aegon's advised propositions. It will invest in a mix of income-producing assets, including investment grade and high yield bonds, UK and global equity, listed property, and specialist income investments. Up to 30% of the fund can also be held in alternatives with low correlation to bonds and equities, and the investment process will not be constrained by a benchmark. The move was triggered by the changes to pension investment rules announced in the latest Budget, which will al...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
