Our active equity investment expertise is delivered by complementary teams: Framlington and Rosenberg. We manage circa Euro 71 billion (as at 31 March 2019) through a diversified range of equity products including thematic, specialist sector, regional/global/EM, small cap, enhanced index, advanced factors and income strategies.

Our processes are underpinned by detailed fundamental research and innovative approaches designed to capture future trends. With fully integrated risk controls, our equity investment professionals apply in-depth company research and analysis to identify the drivers of long-term risk and returns inherent to equity investing.

Our range is flexible enough to deliver bespoke solutions for differing client outcomes. It also integrates environmental, social and governance (ESG) factors in an effort to deliver sustainable, long-term value.

Fixed Income is an important asset class for AXA IM. We will continue to invest in any area necessary to stay abreast of fast-changing markets. Our outcome-oriented solutions span the fixed income spectrum — from traditional, benchmarked products to fully flexible ones that employ a number of different investment styles, including active and buy and maintain, as well as a dedicated insurance capability, for a full range of clients around the world. This breadth of experience and activity allows us to make more informed decisions for all portfolios.

We have local fixed income investment teams in every major market, which means our clients benefit from insight into the specific trends driving each market.

Our competitive advantages are:

• Rigorous management of the liquidity: a key priority in our funds.

• Active monitoring of the credit risk through our unique credit research capability and our exhaustive coverage of the investment universe.

• A large diversification in terms of issuers, sectors, countries and maturities.

• Risk monitoring is an integral part of our investment philosophy.

Active asset allocation: leveraging AXA IM’s global fixed income investment process to allocate across the fixed income spectrum

Multiple sources of alpha: capturing the right alpha sources depending on market cycle, within a wide array of investment strategies

Local experts: specialised local credit teams (US, Euro and UK) in charge of their sector allocation and corporate bond selection

Sustainable approach: Strong experience of the investment team in managing ESG factors into both open-ended funds and dedicated mandates across the major fixed income strategies. Benefit from quantitative ESG scoring and qualitative Impact Bonds analysis from the Responsible Investment team.

Experience: dedicated and stable investment team for 10 years with the PM managing the Fund for the past eight years. The team benefits from AXA IM’s extensive research and portfolio engineering resources

Performance: a long-standing track record and a global investment process that has delivered strong risk-adjusted returns over various market cycles

AXA IM has proven expertise in designing and managing custom investment solutions with embedded risk monitoring. We use the best combination of asset classes and investment management techniques to meet specific objectives, risk budget, accounting and regulatory requirements. Our solutions aim to protect solvency, reduce volatility and maximise returns. Our clients benefit from the scale and cost efficiency of a large institutional asset manager with best execution capabilities and a robust operational set-up.

AXA IM – Real Assets size, experience and structure enables us to offer our clients a 360° view of the real asset markets, investing in both equity and debt, across different real asset classes, geographies and sectors, via private or listed instruments. This 360° view has enabled us to build leading positions in key real asset segments, notably in direct property where we are the number 1 portfolio and asset manager in Europe and among the largest worldwide. AXA IM - Real Assets has an established history of performance and consistent returns. It aims to generate client wealth, both income enhancement and capital appreciation, in all market environments and across market cycles by combining market timing, quality product selection, sustainable development as well as strategic management and / or development. Risk management is an independent function that is fully embedded in the investment and decision-making processes, organisation and culture at AXA IM–Real Assets. All investments are scrutinized by Investment Committee and subject to thorough duediligence and conservative underwriting.

AXA IM started investing in Emerging Markets securities more than 25 years ago, with experience of investing across several market cycles. AXA IM has gradually built up significant resources for this asset class, with 13 EM Fixed Income investment professionals managing $10.5 billion in the asset class, across all EM Fixed Income strategies, as at 31 December 2018.

As one of the early movers in this area, we consider EM to be a key asset class and have thus invested a significant amount of resources in order to sufficiently cover the growing EM universe and accompany the long-term growth of emerging markets.

Our factor driven strategies are offered through our Rosenberg capability. We use our own data platform to ensure underlying data is both accurate and comparable across markets. This means our investment process does not use commoditised data and enables us to cover a large investment universe with depth and efficiency.

We have developed advanced measures of Value, Quality and Momentum that we believe better capture the fundamental outcomes of factor investing. We aim to capture higher year-ahead earnings yield, lower earnings risk and faster earnings growth when compared to generic factors.

While our advanced factors are time tested we continuously look to leverage new information and methods of analysis which provide fresh sources of insight in order to improve investment outcomes for our clients.