Aegon Asset Management has bolstered its European equity team with the appointment of Pauline McPherson as a senior investment manager.
Sales of UK life and pensions have slumped across the board as consumers limit insurance and savings to focus dwindling disposable incomes on debt.
As with the rest of the financial markets, it has been a torrid time for property over the last couple of years.
F&C Stewardship funds aspire to proactive engagement
Ethical investors of the World unite! You have nothing to lose but the shackles of your guilty consciences.....
Aegon has let go four members of its European equity team as part of a restructure which will also see the departure of the group's sales and marketing director Jon Bennett.
The ethical investing debate is an ongoing one. Other than appeasing their conscience, advocates of ethical funds believe they may have an edge over their non-ethical rivals.
The stock market has travelled a long way since staring into the abyss in February.
Corporate bond markets provided investors with great opportunities over the course of the past few months, contrasting with the view of many that the area is comparatively sleepy.
For an investment manager, rising equity markets are most welcome.