Aegon default invests £3bn in BlackRock ESG fund range

The investment will double the ESG exposure in Aegon’s workplace default fund

Hope William-Smith
clock • 1 min read
 Aegon managing director Tim Orton
Image:

Aegon managing director Tim Orton

Aegon UK is set to transition £3bn of assets from its workplace default fund into BlackRock’s new ESG index fund range.

The investment - announced today (26 April) - will double the ESG exposure in the default and see workplace pension holders monies placed into a range of six equity index mutual funds co-developed ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

PP 30: True collaboration is required to thrive

PP 30: True collaboration is required to thrive

Alison Hatcher, head of trusteeship, Vidett gives her view on shifts in the industry, why the industry needs to harness true diversity of thought on boards, and why marrying tradition with ambition is key to delivering great outcomes to members.

Sarka Halas
clock 19 June 2025 • 3 min read
PP 30: A journey of innovation and member focus

PP 30: A journey of innovation and member focus

Mitul Magudia, Chief Origination Officer at Pension Insurance Corporation, reflects on innovations in the pensions industry and why it's necessary to keep pace with these technological and societal changes.

Sarka Halas
clock 18 June 2025 • 3 min read
LPFA commits to investing 5% in climate solutions by 2030

LPFA commits to investing 5% in climate solutions by 2030

LGPS fund sets goal of investing £400m in opportunities such as energy efficiency, transportation and reforestation

Holly Roach
clock 17 June 2025 • 2 min read
Trustpilot