Aegon Asset Management has appointed Martin Canavan as senior sales director within its UK wholesale distribution team.
Canavan is based in Aegon AM’s Edinburgh office and will cover accounts across the North of England, Scotland, Ireland and Isle of Man.
He will work with Aegon AM’s client base of wealth managers, financial advisers, family offices and global fund institutions.
Canavan will report to Aegon AM head of UK wholesale Mark Ferguson.
He has 30 years of experience in the industry and joins from River and Mercantile Asset Management, where he was a UK wholesale sales director for three years.
Prior to that, he spent a decade at Merian Global Investors (formally Old Mutual Global Investors).
Canavan has rejoined Aegon AM as he previously was business development consultant between 2006 and 2010 for the firm.
He was also Deutsche Bank client relationship manager and Bank of Scotland fund administrator.
Ferguson said: “The UK wholesale landscape has seen significant consolidation in the past few years and Martin brings the essential attributes needed; knowledge, experience, and great client service for this evolving client base. I am very pleased to welcome him to the team and back to Aegon Asset Management.”
In October 2023, Aegon chief investment officer (CIO) Tim Orton was appointed chief executive officer of Origen Financial Services.
Orton took up this position from 1 January 2024.
He joined Aegon in 2019 and previously worked for Aviva where he was CEO of Aviva Investors and managing director pensions and investment at Aviva Life UK.
Aegon AM is an active global investor, with 375 investment professionals managing and advising on assets of £250.4bn for a global client-base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations.
Origen has been a wholly owned subsidiary of Aegon UK for over 10 years and is a financial advice business.
