Zemek to replace Sutherland on Axa Sterling Corporate Bond

Theo Zemek is expected to take over Axa's underperforming Sterling Corporate Bond fund from Neil Suth...

Theo Zemek is expected to take over Axa’s underperforming Sterling Corporate Bond fund from Neil Sutherland in the coming weeks. Zemek was a high-profile coup for Axa IM when she left New Star earlier this year to join the firm as fixed income chief investment officer. Sutherland’s £147m Sterling Corporate Bond fund reports bottom-decile one- and three-year results of -6.6% and -7.1% to 18 August according to Morningstar. In July last year, the fund changed its name from UK Corporate Bond to its current tag as part of a bid to up the risk profile. It moved from the group’s Axa UK Oei...