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Axa IM’s Griffiths takes on second role

Axa IM UK chief investment officer Paul Griffiths is to combine the role with that of UK chief executive.

He will continue to be based in London and will report to global chief executive Nicholas Moreau.

Before joining Axa IM, Griffiths led Investec Asset Management’s fixed-income division. Prior to that, he held a similar position at Invesco Asset Management, where he won the Investment International Fixed-interest Fund Manager of the Year award in 1996, 1998 and 1999.

Moreau says: “I was imp-ressed by Paul’s dynamism and leadership skills. During his first year at Axa IM in the UK, he made significant inroads into strengthening our UK investment teams through the refinement of our investment processes and the appointment of several senior investment professionals.

“Paul has also played a significant part in business development, with Axa IM in UK winning over 1bn of new institutional money in 2004.

“He has excellent client relationship and people management skills, both of which fit very well with Axa IM’s culture.”

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