AEGON Asset Management celebrates 5 years of top performance

AEGON Asset Management has marked the fifth anniversary of its AEGON UK Smaller Companies Fund with top quartile performance.

The fund, which has an ‘A' rating from OBSR, celebrated its fifth anniversary on 1st June 2011 with first quartile performance over three and five years.

Managed by Elaine Morgan, part of AEGON Asset Management's award winning UK equity team the AEGON UK Smaller Companies Fund has had total returns of 72.35% over five years against a sector average of 36.34%, while over three years it has returned 45.74% against a sector average of 25.6%.

Morgan has over 20 years experience of running UK smaller companies portfolios and has been responsible for running the AEGON UK Smaller Companies pensions fund since its launch in 1993. This fund has also seen top quartile performance over three, five and 10 years.

The AEGON Asset Management was recently announced as the Best UK Equity Group (Small) over three years at the UK Lipper Awards 2011. This followed a similar accolade in 2008, when it won the Best Overall Group in the Equity Large Category at the UK Lipper Awards.

AEGON Asset Management head of retail sales Steve Kenny says: "Elaine has done a stunning job to produce such excellent performance over the last three and five years, in what has been an extremely challenging market. She is undoubtedly one of the most experienced UK Smaller Companies managers in the market and her detailed knowledge of the sector is second to none.

"Our UK equity team headed by Stephen Adams, of which Elaine is a vital part, is now regularly recognised as being one of the best in the market and the performance and awards are a deserved reward for their achievements."