View more on these topics

Zemek hands Axa IM sterling bond fund to Hayes

Axa Investment Management has announced that Nick Hayes has replaced Theo Zemek as manager on its £130m sterling corporate bond fund.

Zemek is now set to focus on her role as global head of fixed income at Axa IM, she is also a member of the Axa IM board. Zemek will remain as deputy manager on the fund along with Julie Lamirel.

Hayes joined Axa IM in June 2010 and is also manager of the £46m sterling strategic bond fund.

He says: “In a fragile macro environment and with expectations that interest rates stay low for a long period of time, investment grade credit will provide attractive opportunities particularly at the moment with credit spreads at attractive levels.”

Recommended

Legg Mason makes £7.7bn global fixed income fund available to UK investors

Legg Mason has made its £7.7bn brandywine global opportunistic fixed income fund available to UK investors through its Dublin-domiciled fund range. The fund will be co-managed by David Hoffman and Stephen Smith and invest primarily in investment-grade sovereigns, and some corporate bond and mortgage-backed securities exposure spread across developed and emerging markets. According to Legg […]

12

Cable investigates possible action against RBS directors

Business Secretary Vince Cable says he is investigating whether any action can be taken against any Royal Bank of Scotland directors who were at the bank in the run up to its near collapse in 2008. In a report published today, the FSA admitted it had a significant part to play in the near collapse […]

3

MM Leader: Providers’ direct tactics are misjudged

As we move closer to RDR implementation, the FSA is expecting product providers to have a structure in place to deal with orphan clients created by advisers leaving the industry. However, the aggressive clientmailing strategies used by certain firms begs the question of whether regulatory obedience is being used as an excuse to lower trail […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com