The latest mandate won by Aegon Asset Management's fixed income team, from Amlin, the Lloyds underwriter, has almost broached the psychologically-important £100m mark.

Under Amlin's mandate, Aegon will invest £92m in a mixture of UK corporate bonds and gilts. Its 14-strong fixed income team includes six fund managers who focus purely on corporate bonds and it now manages more than £11bn in this group of securities.