Still Playing the "End of Cycle" Theme

In the wake of the Fed’s latest moves, the difference between the 10-year US Treasury and the 3-month T-bill collapsed to only 4 basis points. This is critical because inversion of this ratio often predates a recession by 9 to 24 months. And once inverted, riskier assets tend to generate lower risk-adjusted returns than investment grade bonds or government bonds.

Aegon Insights

Register today for the 2019 Investor Symposium

Aegon Asset Management's Investor Symposium brings together institutional investors, plan sponsors, consultants, industry professionals and decision makers for a day-long conference. This year's program focuses on responsible investing, its implications for investors and its application within fixed income and real assets capabilities.

LDI is in our DNA

Aegon AM US combines the full complement of its deep, fundamental, bottom-up research culture, the global top-down house view process, and the firm's risk management systems, to provide customized liability-driven investment solutions.

Our Investment Centers

We understand the importance of long-term relationships, robust risk management and sustainable outperformance.

Aegon AM US provides fixed income strategies across the quality and yield spectrum to institutional investors.

Defining characteristics:
• Bottom-up, research-driven process informed by top-down analysis
• Integrated investment team comprised of industry-focused credit analysts and dedicated specialty research teams
• Collaborative, team-based research and portfolio management conducted by experienced, long-tenured investment team members

Real Estate

Aegon Real Assets US provides a wide array of strategies and solutions including commercial mortgage loans, tax credits equity, and energy and real estate private equity.

Defining characteristics:
• A culture of creativity coupled with decades of experience structuring private real assets tailored to client preferences
• Cycle tested, disciplined and vertically integrated platform supported by applied research and risk management
• Deep market access coupled with focused underwriting teams
• Emphasis on, and long history of responsible investing seeking positive social and environmental impact

Kames Capital, based in the UK, provides globally-diversified fixed income, equities and multi-asset investment solutions.

Defining characteristics:
• Active manager with a high conviction approach, blending a top-down perspective with bottom-up analysis
• Robust and disciplined investment process
• Experienced and deeply-resourced investment and risk management teams