Aegon Asset Management announced today that effective July 2, 2024, it was named the AIFMD fund manager for the a.s.r. mortgage funds. This follows the agreement reached in October 2022 between Aegon and a.s.r.
These funds, previously known as ASR Hypotheekfonds (subfunds NHG and non-NHG) and ASR Separate Account Mortgage Fund, will continue under the name AeAM Dutch Mortgage Fund 3 (subfunds NHG and non-NHG) and AeAM Dutch Mortgage Fund 4.
Rutger Brascamp, head of mortgages at Aegon Asset Management, considers this a positive addition to the portfolio: “Aegon Asset Management is well known for managing institutional asset classes including residential mortgage loans. By combining a.s.r. mortgage funds and the existing Aegon AM mortgage funds within Aegon AM, our customers will be guaranteed of professional asset management services, today and in the future. Our services are characterized by factors such as ESG commitments and distinctive reporting. This is highly valued by our investors.“
As a result of this development, Aegon Asset Management’s mortgage platform now consists of four funds with total assets under management of over EUR 40 billion for more than 200 European investors.
The partnership between a.s.r. and Aegon Asset Management results in the largest non-bank originator and servicer of mortgage loans in the Netherlands. a.s.r. is responsible for origination and servicing of the mortgages. Aegon Asset Management is responsible for management of the funds.
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