Axa discounts Zemek's Sterling Corporate Bond

Axa Investment Managers is discounting the initial charge on Theo Zemek's first retail fund for the g...

Axa Investment Managers is discounting the initial charge on Theo Zemek’s first retail fund for the group. The management of the £136m Sterling Corporate Bond fund was passed to Zemek, global head of fixed income, from Neil Sutherland on 1 September. The initial charge will be reduced to 3% from 4% on lump sum investments. Advisers can take advantage of the offer until 31 December.