Our history

 

The name Aegon originated in 1983, when two Dutch insurance companies (AGO and ENNIA) merged to become the second largest insurer in the Netherlands. Throughout the 1980s Aegon accelerated its international expansion, including in the US, where it bought the Baltimore-based life insurer Monumental Corporation in 1986. By 1988 Aegon had brought its growing US business together under a single name: Aegon USA, with its headquarters in Cedar Rapids, Iowa.


In 1999 Aegon acquired Transamerica, one of the best-known insurers in the United States, and a company with a rich history of its own.

 

 

Date

Description
1988

Aegon Investment Management B.V. was established in the Netherlands as a dedicated investment business.  
1989

Aegon USA Investment Management, Inc. was incorporated and registered as an investment adviser with the SEC. In the same year, Aegon USA Realty Advisors, Inc. was incorporated.  
1993

Aegon bought a 40% stake in the Scottish Equitable Life Assurance Society in the UK, later raising its stake to 100% in 1998. The investment division became Scottish Equitable Asset Management, which in 2001 was renamed Aegon Asset Management UK, which later rebranded as Kames Capital in 2011.  
2003

Aegon acquired TKP, a Dutch fiduciary manager and pension administrator. The fiduciary and multi-management services offered under the TKP Investments brand later became part of Aegon Asset Management.
2008

Aegon-Industrial Fund Management Co. (AIFMC) was established, a Chinese joint venture in which Aegon Asset Management has a 49% stake.
2009

Aegon Asset Management was formed to host the multiple asset management businesses around the world and support collaboration in various business and operational activities.  
2011

Aegon AM becomes signatory to the Principles for Responsible Investment.
2015

Aegon Asset Management acquired a 25% stake in La Banque Postale Asset Management (LBPAM) in France.
2019

In December, Aegon Asset Management announced the integration of its regional investment businesses to create a global organization.
2020

Global integration took effect from February, with investment capabilities organized around four global platforms in which we have deep asset-class expertise: fixed income, real assets, equities, and multi-asset & solutions. 

In September, the Kames Capital and TKP Investments brands were retired to align global capabilities under the Aegon Asset Management brand.
2022

Aegon AM agreed to an exclusive long-term partnership with a.s.r. to manage the illiquid fixed income investments that are part of the general account of the combined Aegon Netherlands and a.s.r. insurance businesses. It also agreed to take over the management of a.s.r.’s mortgage and private debt funds.  
2023

Aegon AM acquires the North Westerly European CLO management activities from NIBC.

Aegon closes its strategic partnership with a.s.r. and expands Aegon AM’s alternative fixed income offerings, a core strength of the firm.

Aegon AM extends its partnership with LaBanque Postale Asset Management though 2035.