Equities the target as vehicle seeks to damp down volatilty

AXA Distribution managers Marwood and Walsh give the outlook for equity and bond markets

With some £10.5bn in assets, the AXA Distribution fund range has come a long way since the launch of the original life fund just over 30 years ago. In October 2008, the group added the Defensive Distribution fund which has now got some £150m in assets. Richard Marwood and Stephanie Walsh, managers of the range under Jim Stride, give their outlook for equity and bond markets, including why UK inflation could reach 10% and why there could be a second round of capital raising by companies now the summer holidays are over. Richard, what are the aims and objectives of the fund? Richar...