Morningstar warns of manager exodus at AXA IM

Overhaul of operating model

Beth Brearley
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Hans Stoter joins Morningstar as head of global fixed income
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Hans Stoter joins Morningstar as head of global fixed income

AXA Investment Managers' overhaul of its operating model could result in key portfolio managers leaving the firm, Morningstar's Mathieu Caquineau has warned.

Last week AXA IM announced organisational and structural changes to its business in efforts to drive future growth, which could result in 210 employees exiting, around 40 of which would be in the UK...

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