boardroom changes

Stephens spent 24 years at AXA IM Real Assets

Joins from Prime Factor Capital

Deputy CIO Tom Beal to take over

For UK, Benelux and Nordic region

Paul Surguy set to join from Kleinwort Hambros in January

As of January 2020

Bart Grenier to take up senior position at Fidelity in February 2020

To replace outgoing Jamie Carter

One of two lead portfolio management promotions in European equities

Following restructure of team