Axa's Sutherland quits in wake of Theo Zemek taking over portfolio

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Neil Sutherland has resigned from Axa Investment Management as the group confirmed Theo Zemek will b...

Neil Sutherland has resigned from Axa Investment Management as the group confirmed Theo Zemek will be taking over his £138m Sterling Corporate Bond product. 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 leave his position in November. Axa IM has yet to decide who will take over the £90m Cautious Managed fund he has run since 2003. He joined the group in 2001 as a portfolio manager and was previous...

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