TKP Investments to move to fully-integrated global model
On December 3 we announced to clients some changes at TKP Investments, as we enhance our client proposition and move to a globally-integrated model as part of our parent group, Aegon Asset Management.
The creation of a globally-integrated structure follows the 2018 merger of our senior European management team with responsibility for Aegon Asset Management and TKP Investments in the Netherlands, and Kames Capital in the UK.
This final step to establish a globally integrated structure, will see the simplification of our current operating model which features regional executive committees, to create a global operating management board headed by Aegon Asset Management global chief executive Bas NieuweWeme (pictured).
There will be no changes to the way we manage clients’ portfolios or the investment managers who run them. We will also maintain current local relationships and client servicing.
The integration will, however, see the TKP Investments and Kames Capital brands retired in mid-2020 as the business moves to the globally-recognised Aegon Asset Management brand. Although we will no longer operate the TKP Investments brand, the business remains fully committed to its fiduciary and multi-manager services, which will be rebranded as AAM Fiduciary Services & Investment Solutions and AAM Multi-Management respectively.
The new structure will create a global investment business with assets under management of €339 billion that maximises the full potential of our teams from across the world. It will take effect from February 1, 2020.
TKP Investments is proud of its Dutch heritage and we are confident our new global structure will enable us to take an important step in enhancing our product offerings, service and overall client experience.
If you would like any further information or have any questions please contact your usual TKP Investments representative.
* Source: Aegon Asset Management as at 30/06/2019.