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

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Investment

Industry Voice - Reaching for net zero across asset classes

Industry Voice - Reaching for net zero across asset classes

LGIM is committed to achieving net-zero greenhouse gas emissions by 2050 across all assets under management. Here’s how we’re targeting this goal within different investment capabilities.

LGIM
clock 05 December 2022 • 6 min read
The PP Investment Awards 2022. Photo Credit: Naomi Gabrielle

PP Investment Awards 2022: The winners

Awards recognise asset managers over a broad range of specialisms

Professional Pensions
clock 01 December 2022 • 4 min read
RLAM launches sustainable corporate bond fund

RLAM launches sustainable corporate bond fund

The firm added the short duration fund to its Sustainable Investment range

Valeria Martinez
clock 01 December 2022 • 1 min read
Trustpilot