The sales and marketing director of Aegon Asset Management is set to depart the company as part of a move to better integrated its European business in both the UK and the Netherlands.

The move will see Bennett’s responsibilities assumed by Martin Harris, head of European distribution.

Alistair Duffy, Simon Holman, Mark Love and Duncan MacKay will also leave the European equity team.

Andrew Fleming, head of European asset management, said: “I believe these changes provide a clear signal of our intent to compete as a successful third party asset manager on a pan European scale.

“The fund management changes are consistent with our stated aim of strengthening our existing propositions where we believe we can add value for our customers and future clients.”