AXA IM

AXA Investment Managers (AXA IM) experienced around €8bn worth of outflows in its third party funds as a result of the credit crunch, it announces today.

AXA Investment Managers has boosted its socially responsible investing team after appointing a specialist in the field.

A ‘no' vote in France and the Netherlands on the European Constitution, along with Britain's shelving of a referendum, is likely to see European bond spreads widen in the medium term and weaken the euro on the back of political instability, say fund houses....