AXA IM appoints portfolio manager to boost coverage of Global Equities

News Release, London, 07 May 2010

AXA Investment Managers (AXA IM) today announced the appointment of Bruno Grandsard as a portfolio manager within AXA Framlington’s Global Equities team.
Reporting to Mark Beveridge, Global Head of AXA Framlington, Bruno, who is based in London, is responsible for covering the automotive, telecommunications and utilities sectors on a global basis for investment opportunities. Previously, Bruno was at Alliance Bernstein where he worked for five years as a Senior Research Analyst specialising in global automotives and components, and has also spent time within the private equity industry in Japan.

Bruno holds a Masters in International Affairs from The Fletcher School of Law & Diplomacy and was a Mombusho Fellow at The Graduate School of Economics at Keio University, Tokyo, Japan.
Mark Beveridge, Global Head of AXA Framlington, commented: “Our clients are looking more broadly at investment ideas which deliver outperformance, thus we continue to commit additional resources toward the development of AXA Framlington’s multi-regional capabilities.”

ENDS

Contacts

AXA IM
Sara Dennehy
Tél. : +44 (0)20 7003 2233

Financial Dynamics
Keren Perrot /
Louise Riordan
Tél : +44 (0)20 7269 7218 / 9308

AXA Framlington

AXA Framlington is the qualitative equity brand of AXA Investment Managers with over €16.7bn assets under management as at 30 September 2009. AXA Framlington has 51 specialised fund managers based in Paris and London.

AXA Investment Managers

AXA Investment Managers is a multi-expert asset management company within the AXA Group, a global leader in financial protection and wealth management. AXA IM is one of the largest European-based asset managers with approximately €503 billion in assets under management as of the end of September 2009. AXA IM employs nearly 3,000 people around the world and operates out of 22 countries.

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