AXA Framlington's head of multi-manager Caspar Rock has left to run his fund of funds range for AXA's new stand alone company Architas.
Rock has been appointed as deputy chief investment officer of Architas and will continue to run the six funds, which will all change their names and include the AXA Framlington Multimanager Reserve fund and the Multimanager Growth fund.
Alongside his portfolio management responsibilities, Rock will also work closely with Richard Philbin, the recently appointed CIO of Architas, on the development of new portfolio propositions.
AXA says Architas will provide a multi-manager offering that will include investment propositions and product design in a “guided architecture” format.
Mike Kellard, chief executive officer, Architas, says: “We are very pleased that Caspar brings his strong track record with him to Architas as deputy CIO.
“The incorporation of the AXA Framlington Multimanager funds within Architas is consistent with the focus and priorities of both of these investment companies in the UK.”
Robert Kyprianou, chief executive officer, AXA Framlington, adds: “The transfer of funds to Architas is a natural part of the evolution of our offering.
“We would like to thank Caspar for his contribution to AXA Framlington over the past 13 years and, in particular, for all he has done to build and strengthen the performance of the AXA Framlington Multimanager funds.”
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