Axa IM is continuing to tweak its fund range and has announced a slew of fund objective changes and m...
Axa IM is continuing to tweak its fund range and has announced a slew of fund objective changes and mergers. The reshuffle will see fewer clients managed by the Axa Investment Management subsidiary as assets are set to be passed to the Framlington arm. Axa IM recently changed the name of its Cautious Managed fund to Defensive Distribution after moving the sub fund into its more defensive Distribution umbrella. Now it wants to move clients from Axa Ethical into a newly created Axa Ethical Distribution fund. Axa UK Growth is to merge away into Axa Framlington UK Growth. Axa IM UK Opp...
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