Leading fixed income managers have been adding exposure to peripheral eurozone bonds as value dries up in the investment grade corporate space.
AXA Wealth has cut its sales team by 30 staff in a bid to restructure the business following the completion of several projects.
AXA Investment Managers plans to revamp its clean share class proposition for Nigel Thomas' £3.3bn AXA Framlington UK Select Opportunities fund, which will see the AMC lowered for some investors.
Axa has announced its Architas fund range will be available on third-party platforms for the first time.
AXA Wealth has unveiled its post-Retail Distribution Review (RDR) tiered pricing structure, which will come into force from January.
AXA Elevate is to lower the discount it offers to users who buy the group's own Architas fund range in 2013.
European equity managers are increasing exposure to special situations stocks as they seek new opportunities away from overvalued defensive names.