AXA Investment Managers buy Framlington Group

The Framlington Group will operate under the new brand name of AXA Framlington and will join the AXA IM multi-specialist model as an equity manager alongside AXA Private Equity, AXA Real Estate Investment Managers, AXA Rosenberg and AXA Multimanager retaining its existing investment processes. AXA IM says the Group will develop through the recruitment of additional investment managers and the creation of new products and will handle the distribution of the fund range throughout its European and Asian distribution channels. Subject to approval from the Financial Services Authority Robe...