Aegon will manage Nordea's OFE fund

Aegon PTE, which manages Aegon OFE private pension fund , has signed an agreement, according to which it will manage the pension fund currently governed by Nordea, Aegon said in a press release. "I am very pleased with the agreement, which will allow us to take over the management of the Nordea pension fund. This transaction will help us improve the quality of customer service and strengthen our market position. After the accord is closed, existing customers of Nordea OFE will become Aegon clients," said Michał Biedzki, head of supervisory board, Aegon PTE. After the merger, Aegon PTE will manage assets worth PLN 12.4 billion, compared with PLN 5.9 billion it is managing at present.