281 Joint ventures The Netherlands New Markets Investments in associates The Netherlands United Kingdom The principal joint ventures are listed by geographical segment.  ■ AMVEST Vastgoed B.V., Utrecht (50%), property management and development ■ Aegon-CNOOC Life Insurance Company Ltd, Shanghai (China), life insurance company (50%) ■ Aegon Sony Life Insurance Cy, Tokyo (Japan), life insurance company (50%) ■ Caja Badajoz Vida y Pensiones, SA de Seguros, Badajoz (Spain), life insurance and pension company (50%) ■ Cantabria Vida y Pensiones, SA de Seguros y Reaseguros, Santander (Spain), life insurance and pension company (50%) ■ Liberbank Vida y Pensiones, Seguros y Reaseguros, S.A., Oviedo (Spain), life insurance and pension company (50%)  ■ Aegon Santander Generales Seguros y Reaseguros, S.A., Madrid (Spain), non-life insurance company (51%) ■ Aegon Santander Vida Seguros y Reaseguros, S.A., Madrid (Spain), life insurance company (51%)  ■ Aegon Industrial Fund Management Co., Ltd, Shanghai (China), investment management company (49%) ■ N.V. Levensverzekering-Maatschappij “De Hoop”, The Hague, life reinsurance company (33.3%) ■ Tenet Group Limited, Leeds, independent financial advisers (22%)  ■ 7IM, London, investment management company (25,1%) ■ La Mondiale Participations S.A., Lille (France), life insurance and pension company (35%) ■ Seguros Argos, S.A. de C.V., Mexico City (Mexico), life insurance company (49%) ■ Aegon Religare Life Insurance Company, Mumbai (India), life insurance company (26%) Refer to note 26 for further details on investments in associates.  New Markets ■ Mongeral Aegon, Seguros e Previdencia S.A., Rio de Janeiro (Brazil), life insurance company (50%)  The principal investments in associates are listed by geographical segment.  Refer to note 25 for further details on joint ventures.