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Aegon brings global opportunities fund to market

Aegon Asset Management has launched a global opportunities fund which invests in derivative and non-derivative assets.

According to the group, the fund targets investors wanting a global macro exposure and aims to provide absolute returns from a diversified portfolio.

Olaf Van den Heuvel manages the fund. In a statement, he says that excessive optimism and pessimism regularly cause over- and under-valuation of financial markets.

“Active exploitation of these price anomalies with a process orientated approach in a risk controlled manner will create increased portfolio returns,” Van den Heuvel says. “As such, we add value through our top down analysis, which we use to exploit mis-pricings between asset classes as well as long only positions.”

Global Opportunities is a Dublin registered Ucits III fund and officially launched at the end of December last year in Ireland. The group has received approval to market the fund in Britain, Luxembourg and the Netherlands. It is also looking to make the fund available in other European countries.
It has denominated euro and sterling share classes with a minimum investment of €100,000 (£87,253). Investors pay a 1 per cent annual management charge and a performance fee of 20 per cent above the three month Euro Interbank Offered Rate (Euribor) +7.5 per cent.

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