AXA Framlington's Peirson to retire after 23 years

Jamie Hooper to take over fund

clock • 2 min read

Richard Peirson, co-lead manager of the £955m AXA Framlington Managed Balanced fund, is retiring from his role in March 2017, with Jamie Hooper then taking over the management of the fund, Investment Week can reveal.

Peirson (pictured), who also manages several segregated mandates, will remain in his role until his retirement in March next year. He relinquished some responsibilities on the fund at the end of last year as part of a long term succession plan, but remained responsible for the fund's overall asset allocation decisions. Jamie Hooper was promoted to co-lead manager of the AXA Framlington Managed Balanced fund, in preparation for taking over the leadership of the fund altogether at a later date. Nick Hayes was also appointed to manage the fixed income element of the portfolio, while t...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

RBC Brewin Dolphin adds to Voyager range with passive funds

RBC Brewin Dolphin adds to Voyager range with passive funds

With six risk options

Patrick Brusnahan
clock 27 April 2026 • 1 min read
From 'passive versus active' to 'the best of both worlds'

From 'passive versus active' to 'the best of both worlds'

Factoring active managers' best ideas into systematic models

Lisa Wang
clock 27 April 2026 • 4 min read
AJ Bell posts record rise in platform flows as AUA hits £108.7bn

AJ Bell posts record rise in platform flows as AUA hits £108.7bn

Net flows up 42%

Cristian Angeloni
clock 23 April 2026 • 2 min read