Rock restructures Axa fof portfolio

multimanager head makes changes on five-strong range, with the potential for additional fund

Axa Framlington has completed the initial review of its multimanager range, implementing changes to all five funds and identifying a gap for one further offering. Caspar Rock, head of the portfolio management team for the multimanager range, said the review has led to changes in approach for the Income and Dynamic funds, while Balanced, Cautious Income and Growth have all seen changes to the balance of their portfolios. The multimanager team has also identified a gap in the range that would suit a more stable, consistent fund, though no details have been confirmed, according to Rock. Aft...