Neil Sutherland has resigned from Axa Investment Management as the group confirmed Theo Zemek will be...
Neil Sutherland has resigned from Axa Investment Management as the group confirmed Theo Zemek will be taking over his £138m Sterling Corporate Bond fund. Last week, Investment Week revealed global head of fixed income Zemek would be taking over the underperforming vehicle in the coming weeks. It has since emerged Sutherland resigned from the group to pursue other opportunities and will depart his position in November. Axa IM has yet to decide who will take over the management of the £90m Cautious Managed fund he has run since 2003. For more details, see today's issue of Investment Week.
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