Kames is the new name on the block

Kames Capital has taken over as the new name for Aegon Asset Management, which has total funds of £49 billion.

The Edinburgh-based company is headed by Andrew Fleming and will remain a part of the global Aegon Asset Management group. Kames will continue to manage insured funds on behalf of its sister company Aegon UK, while also focusing on enhancing its growth in the wider investment management market.

Fleming said: “The new name provides a clear distinction between this business and our sister companies.”