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Aegon Asset Management MD steps down

Aegon Asset Management managing director Russell Hogan is stepping down from his role in favour of pursuing other interests outside fund management, such as taking a theology degree.

He will relinquish control of AAM some time next year, but will stay within the Aegon group to follow a more strategic role. A successor will be announced in the next few weeks. AAM recently poached Wendy Hay to be chief investment officer from Standard Life, where she was head of global equities.

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