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Anja Balfour quits Axa Framlington

Axa Framlington Japan fund manager Anja Balfour has left the firm following a reorganisation of the Japanese equities team.

Chisako Hardie has taken over Balfour’s funds as part of an enlarged role at the firm and will be supported by the global sector team, which the firm recently bolstered with the appointment of Bruno Grandsard as a portfolio manager.

Balfour joined Axa from Baillie Gifford in 2004. The £59.5m Axa Framlington Japan fund has fallen 12.5 per cent in the past three years compared to a 3.4 per cent fall in the IMA Japan sector.

Hardie has managed the Axa Framlington Japanese smaller companies fund since its launch in September 2006, Hardie joined the firm earlier that year from Scottish Widows Investment Partnership.

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