Axa IM

AXA Investment Managers is to hand its Health and Biotech funds to Mark Hargraves and Bruno Grandsard on a temporary basis.

Interest rates will be held at the historic low of 0.5% in May as the economy remains muted, according to AXA Investment Managers' Chris Iggo.

Chris Manser is leaving AXA Investment Managers at the end of June, to pursue other opportunities closer to his home in Zurich.

AXA Investment Managers is adding a retail share class to its AXA Framlington UK Mid Cap fund at the end of Q2.

AXA Investment Manager's Julian Thompson has cut exposure to financials by more than 4% in his £224m AXA Framlington Emerging Markets fund, based on concerns over growth in Turkey and valuations in Indonesia.

Greek government bonds yielding 15% are now ‘tempting' as the chances of the country being forced into a restructure over the next couple of years has been reduced, says Chris Iggo at Axa Investment Managers.

Gary Chan has joined Axa Investment Managers as a portfolio manager within Julian Thompson's Axa Framlington emerging markets team.

Inflation-linked gilts are "very attractive" as a defensive allocation in portfolios, despite low real yields, says Chris Iggo at AXA Investment Managers.

Axa Investment Managers is launching a sterling-denominated short-duration credit fund.

AXA Investment Manager's Richard Marwood has taken his Distribution fund's allocation to index-linked bonds to an all-time high on the belief inflation is unlikely to fall.