Morningstar's Mathieu Caquineau has warned AXA Investment Managers' overhaul of its operating model could result in key portfolio managers leaving the firm.
Last week AXA IM announced organisational and structural changes to its business in efforts to drive future growth, which could result in 210 employees exiting, around 40 of which would be in the UK. ...
The US dollar is close to peaking and the risks now seem to be on the downside.
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