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Axa IM closes HK multi-asset team in structural shift

Richard Newell
The French insurer's asset management business is not up for sale, says its CEO, but it is consolidating certain business lines as part of a strategic shrink of its operations.
Axa IM closes HK multi-asset team in structural shift

Axa Investment Managers has closed down its multi-asset operation in Hong Kong, in a consolidation that is part of a global strategy, AsianInvestor can reveal. The French firm is shifting the multi-asset division to its investment hub in Paris.

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