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This site is intended only for non-US professional investors or US-based fiduciaries representing non-US investors eligible to invest in Aegon Asset Management’s (the “Company”) UCITS funds. This site, and the funds described herein, are not suitable for individual investors.
The following information regarding the Company’s funds is for informational purposes only and does not constitute an offer for shares, products or services and should not be interpreted as an offer to sell, an invitation to acquire an investment, or a solicitation of an offer to buy for any persons who are prohibited from receiving such information under their domiciled local laws.
Aegon Asset Management Investment Company (Ireland) Plc is structured as an umbrella type open-ended investment company with variable capital consisting of a number of different sub-funds (“Funds”) and is authorized in Ireland pursuant to European Communities (Undertakings for Collective Investment in Transferable Securities) UCITS Regulations and the Central Bank UCITS Regulations (“UCITS Regulations"). Aegon Asset Management Europe ICAV is structured as an umbrella type open-ended investment ICAV with variable capital consisting of Funds and is authorized in Ireland as a UCITS pursuant to the UCITS Regulations.
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Risk notice - Capital risk. The value of investments can go down as well as up and is not guaranteed.
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Risk notice - Capital risk. The value of investments can go down as well as up and is not guaranteed.
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Attention aux fraudeurs se faisant passer pour Aegon Asset Management, d’autres institutions financières et organismes de régulation: Nous avons reçu plusieurs signalements de fraudeurs se faisant passer pour Aegon AM et d’autres entreprises en créant de faux sites web, de fausses publicités et de fausses adresses mail. Pour en savoir plus sur la manière de vous protéger contre ces escroqueries et comment signaler un comportement suspect,veuillez lire ce qui suit.
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You can get the current prospectuses, accounts, important information for investors and fund prices at https://www.fundinfo.com. Please click the accept button and select the county in which you live and identify yourself as a private investor.
Risk notice - Capital risk. The value of investments can go down as well as up and is not guaranteed.
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You can get the current prospectuses, accounts, important information for investors and fund prices at https://www.fundinfo.com. Please click the accept button and select the county in which you live and identify yourself as a private investor.
Risk notice - Capital risk. The value of investments can go down as well as up and is not guaranteed.
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You can get the current prospectuses, accounts, important information for investors and fund prices at https://www.fundinfo.com. Please click the accept button and select the county in which you live and identify yourself as a private investor.
Risk notice - Capital risk. The value of investments can go down as well as up and is not guaranteed.
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Risk notice - Capital risk. The value of investments can go down as well as up and is not guaranteed.
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This Website and all information contained herein is intended for exclusive use of qualified investors as defined in the Federal Act on Collective Investment Schemes of 23 June 2006 (the “CISA”) and in its implementing ordinance, which have their residence or registered office in Switzerland (the “Qualified Investors”), excluding opt up Qualified investors.
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You can get the current prospectuses, accounts, important information for investors and fund prices at https://www.fundinfo.com. Please click the accept button and select the county in which you live and identify yourself as a private investor.
Risk notice - Capital risk. The value of investments can go down as well as up and is not guaranteed.
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In the latest of our monthly edition of Soapbox Snippets, we round up some of the news from the world of sustainable investing.
Climate deniers change course
A new study has found that climate change deniers have changed tack with their attempts to undermine the global transition to 1.5°C. Most climate change deniers now find it difficult to refute the existence of climate change given the large volume of scientific evidence. Is this a step forward? Well....
The Centre for Countering Digital Hate conducted a study of climate misinformation on YouTube and found that there is a significant shift in messaging: from “climate change doesn’t exist”, to “impacts from climate change are vastly overstated and everything will be ok”.
According to the study, in 2023 this ‘New Denial’ made up 70% of climate denial content on the video platform compared to just 35% in 2018.
These new style of denial videos, which are centred around impacts and solutions, tend to ‘argue’ that the impacts on climate change are beneficial or harmless, that climate solutions don’t work, and that climate scientists are unreliable.
There is a particular concern over the age of YouTube viewers; 31% of teenagers agreed with the statement “climate change and its effects are being purposefully overexaggerated”. Not an ideal sentiment from our future pension savers and business leaders.
Code Breakers or code Makers?
The Financial Reporting Council has updated the corporate governance code in the UK. The changes strengthen reporting on internal controls, which is welcome, but they back away from wider action on topics like sustainability, which is disappointing.
The main change to the code builds on the existing expectation that company boards monitor risk management and internal controls. In their annual reports Boards must explain how they have conducted this monitoring, though this has been scaled back from the original consultation that sought to assign accountability at board level. So, these are baby steps that we wished were a bit braver in protecting shareholder interests.
Are you Following this?
Is the Exxon versus Follow This case a microcosm of the broader environment for RI in the US?
Follow This is a non-profit organisation that files resolutions at major oil & gas companies’ AGMs. Its resolutions, which call for climate action, had been gathering support since 2015 and it has been somewhat successful at applying pressure on the oil majors - although that support has tempered in the past couple of years.
Exxon sued the group over the latest climate proposal, which they then decided to remove from the AGM. But last week the oil & gas major said it will continue to pursue the lawsuit.
Exxon’s lawsuit is unusual because companies rarely go to court over such matters. In normal circumstances a company would go to the Securities and Exchange Commission and ask for permission to remove it. In many ways, this is about Exxon trying to deliver a message to the US regulator that it has become too willing to let this type of resolution through. This could ultimately have major implications for shareholder rights and the boundaries of legitimate debate between a public company and its shareholders.
The EU’s route towards green industry goals.
China's dominance in green technology manufacturing, coupled with the allure of the Inflation Reduction Act drawing businesses towards the United States, has forced the EU to take action. In a significant step forward for European green tech manufacturing, the European Council recently reached a provisional agreement on the Net-Zero Industry Act, ensuring that the local industry remains competitive globally.
The Act is one of the three key legislative initiatives of the EU Green Deal, alongside the Critical Raw Materials Act and the Electricity Market Design Reform. The agreement mandates that future renewable energy auctions consider criteria beyond price, such as technology supply, environmental sustainability, contributions to innovation, and energy system integration.
These criteria, referred to as 'resilience criteria,' must apply to at least 30% of the auctioned volume annually per member state. The aim is to bolster European manufacturers of clean technology in their competition against inexpensive imports while diversifying the energy sector's supply chain.
Furthermore, member states with annual renewable energy tender volumes exceeding 6GW are obligated to allocate 30% of this volume based on resilience criteria, rather than solely prioritising the cheapest options. Additionally, the agreement imposes a cap on the annual imports of net-zero technologies from any single country at 50%.
And finally: It's not you, it's me
In the world of finance, commitment issues are as common as market fluctuations it seems. Take, for example, the CA100+, which is the world’s largest investor group formed to fight climate change. It has suffered a few nasty breakups of late, with JP Morgan and State Street recently announcing a split from the investor group and Pimco pulling the plug just this Monday!
While others may be swiping left on their financial commitments, Aegon is committed to remaining a part of the group for the long term (how old fashioned of us!).
This material is provided by Aegon Asset Management (Aegon AM) as general information and is intended exclusively for institutional and wholesale investors, as well as professional clients (as defined by local laws and regulation) and other Aegon AM stakeholders.
This document is for informational purposes only in connection with the marketing and advertising of products and services, and is not investment research, advice or a recommendation. It shall not constitute an offer to sell or the solicitation to buy any investment nor shall any offer of products or services be made to any person in any jurisdiction where unlawful or unauthorized. Any opinions, estimates, or forecasts expressed are the current views of the author(s) at the time of publication and are subject to change without notice. The research taken into account in this document may or may not have been used for or be consistent with all Aegon AM investment strategies. References to securities, asset classes and financial markets are included for illustrative purposes only and should not be relied upon to assist or inform the making of any investment decisions. It has not been prepared in accordance with any legal requirements designed to promote the independence of investment research, and may have been acted upon by Aegon AM and Aegon AM staff for their own purposes.
The information contained in this material does not take into account any investor's investment objectives, particular needs, or financial situation. It should not be considered a comprehensive statement on any matter and should not be relied upon as such. Nothing in this material constitutes investment, legal, accounting or tax advice, or a representation that any investment or strategy is suitable or appropriate to any particular investor. Reliance upon information in this material is at the sole discretion of the recipient. Investors should consult their investment professional prior to making an investment decision. Aegon Asset Management is under no obligation, expressed or implied, to update the information contained herein. Neither Aegon Asset Management nor any of its affiliated entities are undertaking to provide impartial investment advice or give advice in a fiduciary capacity forpurposes of any applicable US federal or state law or regulation. By receiving this communication, you agree with the intended purpose described above.
Past performance is not a guide to future performance. All investments contain risk and may lose value. This document contains "forward-looking statements" which are based on Aegon AM's beliefs, as well as on a number of assumptions concerning future events, based on information currently available. These statements involve certain risks, uncertainties and assumptions which are difficult to predict. Consequently, such statements cannot be guarantees of future performance, and actual outcomes and returns may differ materially from statements set forth herein.
The following Aegon affiliates are collectively referred to herein as Aegon Asset Management: Aegon USA Investment Management, LLC (Aegon AM US), Aegon USA Realty Advisors, LLC (Aegon RA), Aegon Asset Management UK plc (Aegon AM UK), and Aegon Investment Management B.V. (Aegon AM NL).Each of these Aegon Asset Management entities is a wholly owned subsidiary of Aegon Ltd. In addition, Aegon Private Fund Management (Shanghai) Co., a partially owned affiliate, may also conduct certain business activities under the Aegon Asset Management brand.
Aegon AM UK is authorised and regulated by the Financial Conduct Authority (FRN: 144267) and is additionally a registered investment adviser with the United States (US) Securities and Exchange Commission (SEC). Aegon AM US and Aegon RA are both US SEC registered investment advisers.