AXA Investment Managers appoints Mark Hargraves as Global Head of AXA IM Equity

10/10/2021

The appointment of Hargreaves comes as AXA IM announces the phase out of the AXA IM Framlington name

Photo: Hargreaves will be promoted to lead the firm's new business unit effective as of 1 January 2022
Photo: Hargreaves will be promoted to lead the firm's new business unit effective as of 1 January 2022

LONDON, October 07, 2021 -- AXA Investment Managers has announced the appointment of Mark Hargraves as Global Head of AXA IM Equity, effective 1 January 2022. As Global Head of AXA IM Equity, Hargreaves will retain his current portfolio management responsibilities with AXA IM Framlington.

AXA IM Equity will be a newly created platform that will combine the firm's fundamental (Framlington Equities) and quantitative (Rosenberg Equities) equity capabilities. As part of this new set up, AXA IM's quantitative capabilities will be called "Equity QI" (Quant Investing) and the Framlington name will be phased out.

Under the leadership of Hans Stoter, AXA IM Core Investments will therefore be comprised of three platforms:

  • AXA IM Equity (including Equity QI) headed by Mark Hargraves,
  • AXA IM Fixed Income headed by Marion Le Morhedec,
  • AXA IM Multi-Asset headed by Serge Pizem.

The Equity QI team will continue to be led by Paul Flavier, currently Global Head of AXA IM Rosenberg Equities. As Global Head of AXA IM Equity QI, Paul will report to Mark from 1 January 2022.

Hans Stoter, Global Head of AXA IM Core, said: 

"I am confident that the creation of the AXA IM Equity platform under the single leadership of Mark will bring clarity and simplicity to our clients when it comes to our equity offering and will help accelerate the profitable growth of our equity business thanks to the synergies the combination of our fundamental and quant capabilities will enable".

With €71 billion of assets under management, AXA IM's active equity investment capabilities cover global, regional and country, thematics and sectors, and Enhanced Index.

Biography of Mark Hargreaves 

Prior to joining AXA IM, Mark started his fund management career at Hambros Fund Management in 1995.

He joined AXA IM as a portfolio manager in 2000 and has a wide range of experience managing European, EAFE and global equity portfolios. In 2012, he became Head of Global Strategies and was subsequently appointed Head of AXA IM Framlington UK in 2019.

He was appointed Global Head of AXA IM Framlington Equities in 2020 and will become Global Head of AXA IM Equity from January 2022.

Mark holds a Master's in Finance from the London Business School and a bachelor's degree in Geography from the University of Bristol.

About AXA Investment Managers

AXA Investment Managers (AXA IM), is a global investment management firm with offices in over 22 locations worldwide. As of 31 December 2020, it manages over €858 billion in assets on behalf of institutional and retail clients.