Aegon Asset Management

Aegon Asset Management publishes its Value Assessment for the year to 31 July 2024

What is the Value Assessment?

The annual Value Assessment aims to give you a clear picture of whether we are providing value as a UK fund manager. The Financial Conduct Authority (FCA) now requires asset managers to complete Value Assessment Report annually for each UK-domiciled investment fund they manage.

Assessing the value we add as a firm, and striving to make improvements, is an ongoing task at Aegon Asset Management. This report gives us an exciting opportunity to share our findings with our clients.

What does the Value Assessment cover?

We have collated data from across the firm to assess the value provided by Aegon Asset Management for each individual fund. To ensure that our Value Assessment and methodology is in line with customer and industry expectations, we collaborated with independent third-party-consultants throughout the assessment process. This ensured consideration of a comprehensive range of criteria and perspectives.

When constructing our report, we looked at the following criteria:

Quality of service: Are we - and are our materials - accessible to investors, and are we managing our funds appropriately?
Performance: Are our funds meeting their performance objectives?
Authorised Fund Manager costs: Are our fees appropriate for our clients?
Economies of scale: Are available cost savings being passed onto clients?
Comparable market rates: How do our fund fees and charges compare to other asset managers?
Comparable services: Do similar funds at Aegon Asset Management charge similar fees?
Classes of units: Are share classes, and their associated fees, appropriate and available for investment?
Other considerations: With regards to individual funds, are there any other considerations that need addressing, such as liquidity?