AXA Framlington's Peirson to retire after 23 years

Jamie Hooper to take over fund

clock • 2 min read

Richard Peirson, co-lead manager of the £955m AXA Framlington Managed Balanced fund, is retiring from his role in March 2017, with Jamie Hooper then taking over the management of the fund, Investment Week can reveal.

Peirson (pictured), who also manages several segregated mandates, will remain in his role until his retirement in March next year. He relinquished some responsibilities on the fund at the end of last year as part of a long term succession plan, but remained responsible for the fund's overall asset allocation decisions. Jamie Hooper was promoted to co-lead manager of the AXA Framlington Managed Balanced fund, in preparation for taking over the leadership of the fund altogether at a later date. Nick Hayes was also appointed to manage the fixed income element of the portfolio, while t...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Did the bond market cause Trump's tariff U-turn?

Did the bond market cause Trump's tariff U-turn?

90-day pause on tariffs introduced on ‘Liberation Day’

Laith Khalaf
clock 24 April 2025 • 3 min read
RLAM implements Sustainability Focus label across £11bn portfolio range

RLAM implements Sustainability Focus label across £11bn portfolio range

Across a mix of funds and trusts

Cristian Angeloni
clock 23 April 2025 • 1 min read
Advisers notice growing client demand for bespoke investments

Advisers notice growing client demand for bespoke investments

Want access to ETFs, investment trusts, equities, bonds and AIM shares

Isabel Baxter
clock 17 April 2025 • 2 min read