Axa IM launches funds in Asia

Axa IM launches funds in Asia

Axa Investment Managers (Axa IM) has expanded its product offering in Asia with the approval of seven funds by the Securities and Futures Commission (SFC) and 13 funds by the Monetary Authority of Singapore (MAS) for distribution in Hong Kong and Singapore respectively.

These additional funds significantly broaden the range of funds offered by Axa IM in Asia, bringing the total number of registered funds to 23 in Hong Kong and 13 in Singapore.

“As a testament to our commitment to Asia, we are not only expanding our product offering, but also bolstering our investment capabilities here in the region. We are glad to be able to provide a broader range of AXA IM funds in Hong Kong and Singapore for retail and institutional investors,” said Jean-Pierre Leoni, head of Axa IM Asia Pacific.

The funds are bond strategies managed by Axa fixed income and equity products managed by Axa Framlington, Axa IM’s fundamental equity experts.

Axa IM has been expanding the investment team in Asia to further strengthen its investment capabilities.

Most recently Aidan Yao joined Axa IM as senior emerging Asia economist and Jim Veneau joined as head of fixed income Asia in December 2013. Mark Tinker also transferred from London to Hong Kong in September 2013 to take the role of head of Axa Framlington Asia.