AEGON Capital Management has replaced Transamerica Investment Management as the portfolio manager of segregated funds available within Transamerica Life Canada’s segregated fund contracts, Investment Executive reports. The change affects two funds within the Transamerica GIF contract, the Transamerica Global Equity Growth GIF and the Transamerica U.S. Equity Growth GIF.

There will be no changes to the investment objective, investment strategies or management expense ratios of the impacted segregated funds. The firm already manages various segregated fund mandates on behalf of Transamerica Life Canada.

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