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Aegon hires Aberdeen’s Bell for asset management role

Aegon Asset Management has appointed Andrew Bell as head of European product and marketing.

Reporting to European head of distribution Martin Harris, Bell, who is a member of the Chartered Institute for Securities and Investment, will be responsible for Aegon’s European product development and marketing proposition.

Bell joins the firm from Aberdeen Asset Management where he was client director for its newly acquired hedge fund business.

Prior to that he was RBS Asset Management director of marketing with responsibility for sales, product development and communications.

Harris says: “Andrew’s skills and experience make him a valuable addition to Aegon Asset Management’s distribution team, as we look to expand the range and depth of our product and marketing propositions.”



FSCS judicial review court date set

Regulatory Legal has secured a court date for its judicial review of the Financial Services Compensation Scheme’s levy, which will be heard on November 4 and 5. Regulatory Legal partner Gareth Fatchett says he has received strong support for his challenge of the Keydata interim levy from the industry. The firm is making a final […]


Scepticism at thinktank’s forecast of rate rise to 8%

Mortgage experts are sceptical of The Policy Exchange’s forecast that interest rates could rocket to 8 per cent by 2012. The thinktank’s chief economist Andrew Lilico says the Bank of England may be forced into dramatic bank rate increases due to rapidly rising inflation. The forecast is in stark contrast to Ernst & Young’s prediction […]

India Election Update

What a difference six months makes. Speaking in September last year, we had warned of ‘excessive pessimism’ afflicting the market’s perception of India. Since then, responsible central bank policy from the Reserve Bank of India (RBI), alongside improving global growth, has meant that India’s macro environment is strengthening quickly. The current account deficit has shrunk, inflation is falling and the government has embarked on a heavy dose of much needed fiscal consolidation. As a result, the rupee has been one of the strongest global currencies this year while the market has touched all-time highs, rallying by more than 20 per cent (GBP) since September. This begs the question: are we now in a period of ‘irrational exuberance’? Not yet.


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