The platform will enable multinational clients of Aegon Global Pensions to make savings by consolidating the management, investment and reporting of their pension assets.
The platform, which uses Ucits tax-transparent funds, is initially for Dutch and UK pensions and insured funds and will be expanded to further countries over the course of 2009.
The fund will take advantage of experience built up in managing a Dutch pooling vehicle.
Frans van der Horst, director of Aegon Global Pensions, said: “Until today, only a few large multinationals have been able to profit from asset pooling, as setting up a pooling platform has been too time-consuming and expensive.
“With the launch of the first multi-client asset pooling platform, small and medium-sized multinational companies can now also benefit from costsavings, improved governance and better risk control.”
The fund, developed by TKP Investments, Citi and Aegon Global Pensions, was launched with total assets invested of more than e9bn (£7.6bn).
