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Hargreaves Lansdown selects Aegon AM for Global Equity Income Fund

Aegon Asset Management has been selected by Hargreaves Lansdown to launch the new HL Global Equity Income Fund, alongside investment managers Baillie Gifford and JP Morgan.

 

The Fund, which begins trading on 7th November 2024, will allow HL clients access to global stock markets with a focus on delivering both reliable income and growth.

 

Managed by HL managers Tom Wells and Richard Troue, it is aimed at investors looking to build an investment portfolio aiming to provide income, or income and growth, as well as those looking for exposure to global stock markets, with particular appeal to investors transitioning towards retirement or in retirement where income is a key objective.

 

The move is a strong endorsement of the Aegon Global Equity Income strategy, which forms part of the new Fund’s portfolio. The Aegon AM strategy takes a ‘quality income’ approach, searching for companies with strong balance sheets and plentiful free cash flow that can sustain and grow their dividends over multi-year periods. This tried and tested approach has been at the heart of the strategy since launch in 2012.

 

Mark Peden, investment manager, Aegon Asset Management, said: “We are very pleased to have been selected for the new global equity fund and look forward to delivering our high conviction strategy for HL Global Equity Income Fund clients.”

 

Tom Wells, fund manager, Hargreaves Lansdown, said: “We’re pleased to be partnering with Aegon AM on the launch of the HL Global Equity Income fund, which gives clients easy access to global stock markets with a focus on delivering both reliable income and growth.

 

The fund will complement our existing range of HL Building Block funds, offering clients a seamless and straightforward way to build a portfolio aligned to their long-term investment goals.” 

 

More information on the HL Global Equity Income Fund can be found on the Hargreaves Lansdown website: www.hl.co.uk/

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Aegon Asset Management

We are active global investors. In a complex world we think and act across traditional boundaries. We organize our teams globally by asset class, to bring the breadth and depth of our investment and research capabilities together for clients across the world. 

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