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Aegon Asset Management lays off three from UK distribution team
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The layoffs happened in June 2023
The people in question have not been named, but they all worked within Aegon AM's UK wholesale team. The layoffs took place in June 2023, Investment Week understands.
Liquidation of Aegon AM Property Income fund to take longer than 24 months
When asked about the move, Aegon AM cited market consolidation within the wealth management space as the reason for cutting down the wholesale sales team, noting how wealth firms have been increasingly focused in London and regional hubs.
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