AXA Investment Managers has boosted its fixed income team with two senior hires, including ex-New Star bond manager Philip Roantree.
Roantree has joined AXA’s fixed income desk as a senior portfolio manager; he was most recently a fund analyst at Morningstar.
Prior to that Roantree was a partner and chief investment officer at Querns Asset Managers from 2009 until 2012, having started his career at Prolific Asset Management in 1989.
Prolific was acquired by Aberdeen Asset Management in 1997, and in 2003 Roantree moved to New Star Asset Management to manage its Sterling Bond fund, which had been sold to New Star by Aberdeen as part of a reorganisation.
AXA has also recruited Bill Healey as global head of smart beta from JP Morgan Asset Management, where he had been head of European high yield debt for the past three years. Before then Healey ran a credit hedge fund at Picus Capital Management, which he had co-founded.
Healey will additionally be AXA's UK head of its 'buy and maintain' strategies, which emphasises portfolios that focus on long-term value creation with limited turnover.
‘We are pleased to welcome Bill and Phil,’ said Chris Iggo, chief investment officer and head of Europe and Asia fixed income at AXA.
‘Both bring with them strong fixed income experience and will be valuable additions to our team.’