The CEO of new AXA-backed investment company Mike Kellard says the upcoming venture will be the "pillar" of growth and multi-manager products in the future.
Kellard and managing director Ian Colquhuon will be joined by Richard Philbin at the new firm, with the former F&C multi-manager head today announced as CIO. AXA initially announced Philbin’s appointment last month but had not confirmed his role. Philbin, who quit F&C at the end of April, will be tasked with helping establish the new venture; details on which AXA says will be unveiled “in the coming months”. AXA says the new investment company will provide “tailored solutions to third party providers and clients”. It adds it will also work closely with other business units to help devel...
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